Tax and Accounting Resources

Harmonized and Goods and Service Tax (HST/ GST)

These taxes pertain to owning property and services rendered throughout the provinces in Canada. The provinces of Ontario, Prince Edward Island, Newfoundland, Labrador, New Brunswick, and Nova Scotia, designated as the participating provinces, cooperate in a harmonization or rather a coordination of their collective provincial GST resulting in the creation of the HST.

Overall, the HST pertains to the same properties and services covered by the GST. However, the HST only applies to those provinces that participate in this program. We find the GST in the provinces that do not participate in the program.

Quebec, Canada is the only province that utilizes a selective process that governs which financial institution pays into the GST/HST system.