Like many others, our friends to the North are struggling with the high added cost of sales taxes in Canada. Canadians are faced with a provincial and federal sales taxes, and in New Brunswick, Newfoundland, and Nova Scotia, they also face a 14 per cent harmonized sales tax, which is a combination of the goods and services tax and certain provincial taxes. With all of these various sales tax, the average Canadian can pay as much as 16 per cent between federal and provincial sales taxes in Canada, and if you live in one of the provinces where the harmonized tax is included, you will pay another 14 per cent.
With sales taxes in Canada being so high, there is little wonder why the minimum wage currently at $8 per hour is under consideration for a raise to $10 in some provinces. With taxes in restaurants sometimes as high as 12 per cent, the average Canadian family can ill afford to take his or her family to a restaurant very often.