Ottawa is slamming the brakes on Premier Kathleen Wynne’s plan to hike the HST to fund public transit.
Late Thursday, Federal Finance Minister Jim Flaherty warned Ontario Finance Minister Charles Sousa that no increase to the 13 per cent tax would be permitted.
Flaherty said any scheme to raise the levy regionally in the Greater Toronto/Hamilton Area would violate terms Queen’s Park and Ottawa agreed upon when they harmonized the 5 per cent GST and the 8 per cent provincial sales tax in 2010.
more
Federal Finance Minister Jim Flaherty rejects HST hike to fund public transit in Ontario | Toronto Star
Take that chairman wynn.
Late Thursday, Federal Finance Minister Jim Flaherty warned Ontario Finance Minister Charles Sousa that no increase to the 13 per cent tax would be permitted.
Flaherty said any scheme to raise the levy regionally in the Greater Toronto/Hamilton Area would violate terms Queen’s Park and Ottawa agreed upon when they harmonized the 5 per cent GST and the 8 per cent provincial sales tax in 2010.
more
Federal Finance Minister Jim Flaherty rejects HST hike to fund public transit in Ontario | Toronto Star
Take that chairman wynn.