In the Budget Speech of May 2, 2006, the federal Minister of Finance announced a new goods and services tax (GST) rate of 6% starting July 1, 2006. The following questions and answers will help you understand how the new rate will apply in different situations.
Revenu Québec administers the GST/HST in Québec, and is therefore responsible for all of the changes regarding the modification of the GST rate.
Note that there are no changes in the application of the Québec sales tax (QST).