Overview

The Ontario Power Authority has developed a Feed-In Tariff (the "FIT") Program for the province to encourage greater use of renewable energy sources. The microFIT program allows participation in renewable energy projects of 10kW or less.

On July 1, 2010 the Ontario 8% Provincial Retail Sales Tax (RST / PST) and the 5% Goods and Services Tax (GST) will be replaced by a 13% Harmonized Sales Tax (HST). The change to a single value added tax is intended to provide a more cost effective and administratively efficient tax for businesses, however the HST will result in a real cost increase on services that were previously not subject to PST. There are several transitional issues that legal service providers need to take into consideration leading up to harmonization.

Starting July 1, 2010, the provincial sales tax in Ontario and the federal Goods and Services Tax (GST) will be replaced by the 13% federal Harmonized Sales Tax in Ontario. It will be administered by the federal government and will generally use the same rules and tax base as the federal GST. It is important to note that the HST consists of federal 5% and Ontario 8% portions.

On July 1, 2010 the Ontario 8% Provincial Retail Sales Tax (RST / PST) and the 5% Goods and Services Tax (GST) will be replaced by a 13% Harmonized Sales Tax (HST). The change to a single value added tax is intended to provide a more cost effective and administratively efficient tax for businesses. There are several transitional issues that businesses need to take into consideration leading up to harmonization.