New HST Exemptions Reported

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TORONTO – The Ontario government may be offering a bone to consumers, with reported plans to provide further exemptions on the new harmonized sales tax (HST), which is expected to go into effect July 1.

According to an exclusive Toronto Star report, HST will not apply to coffee, newspaper and fast-food value meals. Previously books, feminine hygiene, diapers, children’s clothing and kids’s booster seats had been the only exempted items.

Although Premier Dalton McGuinty maintains that the province needs the money to contend with the $24.7-billion budget shortfall, the 13 per cent HST hasn’t been met with much support. Finance Minister Dwight Duncan and Revenue Minister John Wilkinson are expected to announce the news today (Nov. 12).

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