N.S. Premier calls for unified HST rate in Atlantic provinces
'The HST in my view is the fairest tax in the province and region as long as it's common'
Nova Scotia Premier StephenMcNeilhas called on theAtlantic provinces to come together on a commonHST rate of15 per cent.
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Four years after it was introduced in P.E.I.'s 2012 budget, the rate stands at14 per cent in this province.
"I've said all along, I believe we should have a common HST in Atlantic Canada. I believe it should be 15 per cent,"McNeiltold reporters Wednesday.
"The HST in my view is the fairest tax in the province and region as long as it's common," he said.
McNeil made the pitch to his Atlantic colleagues, but said he didn't get unanimous endorsement.
"Our neighbouring provinces have challenges with revenue," he said.
"This is an opportunity for them not only, I believe, to adjust that, but also deal with what I believe is the right thing for their citizens and for the business community to have some uniformity in and around the HST," McNeilsaid.
He says the individual provinces could then figure out ways to target tax breaks to those who most need them by changing personal income taxes.
'More appropriate' at 15%
The HST stands at13 per cent in both New BrunswickandNewfoundland and Labrador.
McNeil said he wouldn'tconsidering lowering the HST in Nova Scotia to create a common Atlantic tax.
"I think it would be more appropriate for them to come to 15," he said.
P.E.I. finance officials told CBC News the government is currently consulting with Islanders on what should be in the 201617 budget, and it would not be fair to speculate before that process is complete.
With files from Angela Walker