Notice to the reader:
Effective January 1, 2008 the rate of GST is 5% and the rate of HST is 13%. From July 1, 2006 to December 31, 2007 the rate of the GST was 6% and the rate of the HST was 14%.

Therefore any references to GST/HST rates of 7% and 15% in this publication should be read as 5% and 13% respectively, unless you are applying this information to transactions during the period from July 1, 2006 to December 31, 2007, in which case the rates should be read as 6% and 14% respectively.

For more information please refer to GST/HST Notice 226, GST/HST Rate Reduction in 2008, and the announcement July 1, 2006 - Reduction in the Rate of the GST//HST.