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Business Owners in BC Expected to Pay for Transition Back to PST

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Published on May 15, 2012

http://www.ctvvancouverisland.ca
http://www.facebook.com/ctvvi
VICTORIA -- All the fanfare of the Liberal's introduction of Bill 54 doesn't hide the fact that businesses will be picking up the transitional tab.

The government acknowledges it introduced the HST with what it calls 'undue haste' but won't say if it will provide financial help for businesses.

The Canadian Federation of Independent Business says it will likely cost upwards of three thousand dollars for each business.

The Finance Minister says he will continue to find ways to mitigate the costs. The opposition says it will consider anything the Liberals table.

No one will commit at this point.


Follow Stephanie Sherlock on Twitter: http://www.twitter.com/CTVNewsSteph

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