CCPA Policy Note

Entries Tagged as 'HST'

The real impact of HST’s defeat on provincial finances

September 9th, 2011 · · 16 Comments · Economy, Provincial budget & finance, Taxes, Transparency & accountability

On Sept 8, Finance Minister Kevin Falcon released a much anticipated update on provincial finances. The Minster’s presentation focused on highlighting the cost of the move back to PST/GST, providing some large numbers for the media headlines, instead of looking at the big picture. In case you missed the media coverage, the provincial coffers are […]

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Christy’s HST “fix”: politics trumps good policy

May 26th, 2011 · · 18 Comments · Taxes

This is no way to make tax policy. Wednesday’s proposed reforms to the HST provide yet more evidence that what we really need is a Fair Tax Commission –– a full public engagement exercise in which the entire tax regime is on the table, and people can deliberate on how we want to raise the […]

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We told you so: HST introduction a factor behind GDP drop in July

October 1st, 2010 · · 1 Comment · Economy, Employment & labour, Taxes

Among the concerns about the HST that we at the CCPA have raised was the poor timing of the tax change. From my pre-budget piece last September: If British Columbians respond to the HST by reducing their consumer spending, the timing of the HST introduction may actually slow down the economic recovery, which should be […]

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The Smart Tax Alliance. Non-Partisan? Really?

August 8th, 2010 · · 15 Comments · Provincial budget & finance, Taxes

Last Thursday BC newspapers carried a large ad supporting implementation of the Harmonized Sales Tax.  The advertisement was signed by the “Smart Taxation Alliance” a group of 30 or so employer organizations. The ad carried the usual dubious arguments that transferring the cost of taxes from corporations to consumers will create vast economic activity.  What […]

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Will the HST boost job growth and when?

July 6th, 2010 · · 1 Comment · Economy, Employment & labour, Poverty, inequality & welfare, Taxes

As BC and Ontario have now started paying the HST at the till, many people may be wondering when exactly can we expect to see those jobs postings opening up. This is a good question. According to analysis commissioned by the BC government from economist Jack Mintz, titled British Columbia’s Harmonized Sales Tax: A Giant […]

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On the economic impacts of the HST

July 5th, 2010 · · 1 Comment · Economy, Employment & labour, Poverty, inequality & welfare, Taxes

My previous HST post focused on the impact of the tax on households and I concluded that it’s likely that it will cost families and that some modest income families will be hurt by the tax. Is this sufficient reason to campaign for the tax to be repealed? Not necessarily. Public policy is about choices […]

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The HST and BC family budgets

June 24th, 2010 · · 10 Comments · Poverty, inequality & welfare, Taxes

That the HST will take a bite out of family budgets is clear to everyone. The main question right now is just how big of a bite. Two studies released earlier this week asked this exact question but came to very different conclusions. On Monday, the Fraser Institute released a paper arguing that lower and […]

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Job creation alone will not solve BC’s poverty problem

April 29th, 2010 · · Comments Off · Economy, Employment & labour, Poverty, inequality & welfare, Provincial budget & finance

Whenever he’s confronted with questions about BC’s record high child poverty rates or by the growing income inequality in the province, our Premier maintains that the best social policy is a job. In fact, reducing the costs of doing business in BC seems to be this government’s chief economic strategy. Consider the HST, for example, […]

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HST And Family Budgets

December 15th, 2009 · · 7 Comments · Poverty, inequality & welfare, Taxes

A recent report from the CCPA national office analyzed the impact of tax harmonization on family budgets in Ontario.  Not a Tax Grab After All: A Second Look at Ontario’s HST made a splash with its finding that the introduction of HST will be largely a wash for Ontario families, as most households would be […]

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HST: Why do the Feds want it so bad?

October 7th, 2009 · · 4 Comments · Economy, Taxes

As the debate rages in BC about the Harmonized Sales Tax, one curious dimension I’ve been puzzling over is this––why do the Feds want the HST implemented so badly that they are willing to fork over $1.6 billion to the province as an enticement? And it isn’t just the federal Conservatives. Ever since the introduction […]

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