Friday, October 27, 2006

Saskatchewan to lower PST to 5%

Saskatchewan, the land of Tommy Douglas, Great Western Brewery, and being famous for being that "rectangle" province is planning on lowering the PST rate to 5%.

This is pretty big news, in my opinion, since Saskatchewan will now have the second lowest PST rate in Canada, after Alberta with 0%.

The PST cut is planned to take effect tonight at midnight, usually there would be a specific time frame for this sort of tax cut, but it seems like the NDP party in Saskatchewan may be doing this for an attempt to attract voters to the party when Saskatchewan has an election next year.

However, here in Manitoba, there are no plans for a tax decrease, for the whole fact that the NDP government here caused a big deficit in the last few years, cutting hospitals, yadda yadda yadda..

There may be an election in Manitoba by next summer, so we will see what the Liberals or the Progressive Conservatives have planned for the future of Manitoba's economy, I'm not too pleased myself with the Manitoban economy.

Links: Sask cuts PST
Manitoba will not

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