Mr. Speaker, the Conservatives' sales job on their HST tax hike is completely collapsing. The claim that the HST will remove embedded taxes in B.C. is simply not true.
Property transfer taxes are charged at every stage of building a new home and now the HST will be charged on top of these. For a house on Vancouver Island, it will mean that taxes will make up 18% of the cost of a new home.
Why is the Conservative government shifting the tax burden to new homebuyers in British Columbia?