PRIME MINISTER HARPER MARKS GST REDUCTION  
30 June 2006

Prime Minister Stephen Harper marked the lowering of the Goods and Services Tax today at a department store in Ottawa, Ontario, reminding all Canadians that they will pay less for everything they buy as of Canada Day. [more...]

JULY 1, 2006 - REDUCTION IN THE RATE OF THE GST/HST
30 June 2006

The Excise Tax Act imposed the Goods and Services Tax/Harmonized Sales Tax (GST/HST) on most goods and services consumed in Canada at the rate of 7%, and in the participating provinces of Nova Scotia, New Brunswick, and Newfoundland and Labrador at the rate of 15%. These rates of tax are reduced to 6% and 14%, effective July 1, 2006.

MEETING OUR GST/HST CUT COMMITMENT
30 June 2006  

We’ve delivered on our commitment—one of our five core priorities—to cut the GST by one percentage point.

Reducing the GST is a tax cut like no other:

• Everyone benefits, young and old. Even those who don’t earn enough to pay personal income tax get real savings day in and day out from the GST cut.

• Reducing the GST delivers tax relief on purchases, large and small, from buying a new lawnmower to buying a new family home.

• And it is a visible and immediate tax cut every time you buy a product or a service. [more...]