Books, tents, fishing rods and such #nlpoli

Don't ask why but Statistics Canada groups books in with sporting goods, hobbies, and music.

The picture shows total sales in Newfoundland and Labrador each months from january 2014 to October 2016 for these items.

The figures are in thousands of dollars.

The average per month over the whole period is about $9.8 million.

The two peaks are the pre-Christmas rush.

Everything on that list right there was subject to provincial sales tax for the whole list, except for the books. In 2015,  the sector generated a little under $130 million in retail sales, in total.

The government's own estimate puts the value of the book tax at $2.1 million.

-srbp-

Friends in high places: changing the HST in a hurry #nlpoli

According to a statement from the federal finance department on Wednesday,  “the federal government will take any necessary steps to ensure that the [HST] rate increase does not come into effect on January 1, 2016.” [CBC]

That came out of the first meeting between Prime Minister Justin Trudeau and Premier-designate Dwight Ball.

Ball wrote two federal cabinet ministers last week asking them to do what they needed to do in order to halt the two percent increase in the harmonized sales tax included in the provincial Conservatives’ spring budget.  Ball promised last spring to roll back the rate hike.

He issued a news release about his letter a couple of days before he met with Trudeau. Local media covered it.

But what would have to happen in order to halt the hike?

Good question.