Ford flips on political subsidies canadafreepress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canadafreepress.com Daily Mail and Mail on Sunday newspapers.
The tax will cost the streaming service’s premium subscribers an extra $14.27 a year. Netflix subscribers were recently notified “a recent change in British Columbia’s tax laws” meant the seven per cent provincial sales tax would now be added to monthly membership fees. Spotify also warned customers of the impending tax, assuring customers their fees would increased by “no more than $1.05 per month,” depending on their subscription plan. The tax on streaming services and the seven per cent PST on sugary drinks and vaping products were unveiled in the NDP government’s 2020 budget. The taxes were set to take effect last year but were deferred because of the economic impacts of the pandemic. Budget documents from 2020 said the streaming tax was expected to generate $16 million in the province’s 2021-2022 fiscal year. The Ministry of Finance was not able to confirm whether that is still the projected revenue.
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If a fool and his money are soon parted, it’s no wonder the federal government has chosen April Fool’s Day to pilfer the pockets of Canadians.
It is they, after all, that re-elected the Teflon-coated, ethics-challenged leader of this country.
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Try refreshing your browser, or ALDRICH: Federal Liberals continue to line own pockets, take from Canadians Back to video
The two biggest hits to your wallet on Thursday will be the carbon tax which will go from $30 per tonne to $40 per tonne and the tax on alcohol will go up about another 1% in a built-in escalation that ties the tax on booze to the rate of inflation.
B C tax increases: Here s what will cost you more starting April 1 canada.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canada.com Daily Mail and Mail on Sunday newspapers.