We all hate the HST, right? It's now a populist campaign, led by former premier Bill Vander Zalm, who has, by the way, also predicted the HST will expand to take in the U.S. and Mexico and eventually be controlled from Brussels, Belgium, as part of a conspiratorial New World Order.
The HST has its pros and cons, but maybe we're being blinded by it and missing the real target. To explain why, let me step back for a moment. Under the PST, various "good" things are exempt, including bicycles and renewable energy equipment. That makes sense. But so are transport fuels and residential heating fuels: oil and gas.
Under the HST, the only exemptions allowed are those on a federal Department of Finance list in Ottawa that does not include bicycles or renewable energy equipment. So these exemptions have to go, along with almost everything else. The exemptions on transport and residential fuels, however, are permitted, and will remain.
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