June 29, 2011
British Columbia is on the right track with its controversial move to a harmonized sales tax (HST), according to a C.D. Howe Institute report released today. In “The Time is Still Right for BC’s HST,” authors Finn Poschmann and Alexandre Laurin say the shift to a value-added taxes mirrors patterns in most of the developed world, and helped move the province from being a high tax, investment-unfriendly jurisdiction, to one which is domestically and internationally competitive – a more attractive home for investment and jobs.