Attend “STOP THE HST” Rally
October 26, 2009 -- YOUR HELP IS NEEDED to send a message to the provincial government. Join Ontario Real Estate Association President Pauline Aunger at Queen’s Park on Wednesday, October 28th to help stop the proposed Harmonized Sales Tax. Ontario Progressive Conservative Party leader, Tim Hudak, and the Ontario New Democratic Party leader, Andrea Horwath, will be participating in this rally.
Details:
STOP THE HST RALLY
Date: Wednesday, October 28th, 2009
Time: 11:30 a.m.
Where: Front lawn of Ontario Legislature, Queen’s Park (University Avenue, North of College St.)
This rally is being organized in conjunction with organizations whose membership have concerns about the impacts of the proposed HST, including REALTORS®. OREA President Pauline Aunger, P.C. Party Leader Tim Hudak, and NDP Leader Andrea Horwath will be speaking, as will representatives from other groups that oppose this new sales tax.
TREB and OREA have expressed concerns about how this tax will affect the real estate market and industry. The proposed HST would add an additional eight percent sales tax to numerous consumer real estate costs such as home inspection fees, legal fees, and REALTOR® commissions. Also, the HST would had thousands of dollars in additional tax to the purchase price of newly constructed homes.
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We all have friends and neighbours who have been hard hit by this recession. This is why the NDP and the Conservatives have been calling for action on the economy. And that is why the government introduced the HST – to create jobs.
The Toronto Dominion Banks says the HST will reduce cost of doing business in Ontario by roughly $5.3 billion and that the majority of these savings will be passed on to customers within the first year.
The majority of items we purchase - 80 percent – will see no tax change at all. TD estimates prices, before tax, will fall by almost 1 percent. And, studies looking at the Atlantic Provinces found that consumer prices fell following harmonization.
Ontario needs jobs – it’s time to stop playing politics.
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