Essentially, clause 100 amends the main definition provision in the GST/HST legislation, so there are a few things in there.
The first amendment is a consequential amendment to the e-commerce measures that are found later in this part.
The second amendment is simply to make the French version of the act correspond to the English version. We don't think it changes anything in the Canada Revenue Agency's interpretation.
The third amendment concerns virtual currencies. The amendment in this bill makes sure that virtual currency is treated as a financial instrument, so the supply of it becomes an exempt financial service. If a person buys Canadian dollars with a virtual currency, they don't have to charge tax on their supply of virtual currency.