The Canadian Press

2012-05-14 | HST PST Legislation

Preview Clip

BC introduced a new-and-improved provincial sales tax to replace the harmonized tax that was defeated in 2011's fractious referendum. BC Finance Minister Kevin Falcon said the new seven per cent PST would include the same exemptions as the old provincial tax. (British Columbians turned down the HST in a referendum the previous summer. Falcon, who once called the PST a stupid tax, said he still didn't like the PST, and called the new version a "better stupid.")

Date: 2012-05-14
Placeline: VICTORIA, British Columbia.
Source: The Canadian Press
Length: 20 seconds

Transcript Prediction: << all the familiar exemptions will be back bicycles books and magazines children's clothing and Footwear food and dietary supplements non-alcoholic beverage used clothing non-taxable Services Under the new legislation will continue to include things like cleaning services and personal services Professional Services >>