BC Government Offers Modest HST Relief (VIDEO)

VICTORIA - The Campbell government made its first move to ease the pain of the Harmonized Sales Tax today.

 

The change means new home buyers will spend more on a new house and still qualify for a rebate for the provincial portion of the HST .

 

Finance Minister Colin Hansen says the new rebate threshold will increase to $525,000 from $400,000.

 

The NDP calls it "cosmetic surgery on a bad tax."

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