CVMA, Ontario Business Coalition support HST implementation.
The CVMA participated with the Smart Taxation Alliance’s press conference today supporting the implementation of the Harmonized Sales Tax (HST) in Ontario on July 1, 2010. The HST, coupled with other tax changes such as corporate tax reductions and the elimination of the capital tax, are critical to the auto industry’s long term competitiveness and our ability to retain tens of thousands of high skilled jobs for Ontarians.