Archives for GST/HST

What is HST in Canada?

What is HST in Canada?

The harmonized sales tax (“HST”) is a consumption tax in Canada and it combines the goods and services tax (“GST”) and provincial sales tax (“PST”) . It is most often used in provinces where both the federal goods and services…

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Marijuana and Taxes

Marijuana and Taxes

The Liberal Government continues to work towards legalizing marijuana throughout Canada by releasing proposed amendments to the Excise Tax Act concerning the production and sale of legal cannabis. On April 13, 2017, the Liberal Government introduced to Parliament Bill-45, “an Act…

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Precious Metals and GST/HST

According to subsection 123 of the Excise Tax Act, a precious metal is part of the definition of “Financial Instrument”. This is important because “Financial Instruments” are not subject to GST/HST on their sale.     Precious Metals Precious metals are bars,…

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