Following up on the results of the 2011 referendum, BC is returning to a new/old Provincial Sales Tax on April 2, 2013. Most economists think a Harmonized Sales Tax (or Value Added Tax) is better policy, but the people have spoken, so the combined 12% HST will split into a 5% GST on almost everything, and a 7% PST on some things.
The Finance Department has tried to simplify the legislation while maintaining the spirit of the old system with its many exemptions and special rules.
How does this affect energy ? In general, the following will be exempt: