Province matching federal government’s temporary sales tax cut
The federal government is dropping sales taxes on essential goods ahead of the holiday season. The temporary tax relief means essential goods, like food and kids clothing, will be HST free. NTV’s Ben Cleary has more in this report.
Read moreFederal government announces two-month GST/HST holiday, $250 rebate next spring
The Trudeau government has announced a two-month GST/HST holiday on many essential items, and is promising a $250 rebate to Canadians next spring. Starting Dec. 14, the federal government will introduce a GST/HST exemption across the country for items like groceries, snacks, and kids clothing. The new tax break will apply to: The tax break […]
Read moreWorld Energy GH2 exploring other options for energy use
World Energy GH2, the company behind the wind-to-hydrogen mega project on the west coast, says it has had to explore other options, because the commercial-scale green ammonia market is taking longer to develop than expected.
Read moreInflation rate increases in October
After months of decline, the inflation rate rose 2.0 percent in October. That’s up from a 1.6 percent increase in September. In October shelter price growth continued to ease and prices for food purchased from stores increased at a faster pace. Prices increased at a faster pace in October compared with September nationally.
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