Wednesday, June 30, 2010
Monday, June 28, 2010
Thursday, June 24, 2010
Sunday, June 20, 2010
Affordable Mississauga Condo For Sale
Unbelievable Stunning Condo. Bright And Beautiful. Fantastic Layout. Indoor Pool, Exercise Room, Sauna. Prime Location Across From Square One, Parks, Community Centre, Transit . Close To Schools,Library. Bus Stop In Front Of The Building. The Unit Is Just Like A Gem.Great Looking Building, 24Hr Concierge,Top Of The Line Facilities.Close To To Hwy 403/Qew/401.Den Can Be Used As 3rd Bedroom.2 Parking 1 Storage Locker. No Need To Inspect.Lots Of Windows.
call today for more detail
Ejaz Waraich
Re/max 2000 Realty Inc.,Brokerage
Email: ewaraich@trebnet.com
(416)371-EJAZ(3529)
for FREE information.
-Buy a Home With NO Money Down-Distress Sales ,Power Of Sales
-FREE Seller Reports
-Sell Your Home Fast And For Top Dollar-FREE Buyer Reports
-Get The Most Home For Your Money-FREE Over
-The-Net Home Evaluation-Find Out What The House Down The Street Sold For-And much more...
Saturday, June 19, 2010
Friday, June 18, 2010
GTA REALTORS® Report Mid-Month Resale Housing Figures
TORONTO, JUNE 16, 2010 ‐ Greater Toronto REALTORS® reported 4,139 sales through
the Multiple Listing Service® (MLS®) during the first two weeks of June 2010.
This represented a 20 per cent decrease compared to the 5,185 sales recorded during
the same period in 2009. New listings increased by 21 per cent annually to 7,985.
“The pace of existing home sales in the GTA has slowed to more normal levels
following a record-setting start to 2010,” said Toronto Real Estate Board President Tom
Lebour.
“Due to higher mortgage carrying costs, sales in the second half of 2010 will not be as
high as what was experienced during the last six months of 2009.”
The average price for June mid-month transactions was $437,039 – up seven per cent
compared to the average of $407,716 recorded during the first 14 days of June 2009.
“The seller’s market conditions experienced during the first few months of the year have
given way to more balanced conditions. Home buyers are experiencing more choice,”
said Jason Mercer, TREB’s Senior Manager of Market Analysis. “With more choice in
the market place, price growth is starting to slow.”
TORONTO, JUNE 16, 2010 ‐ Greater Toronto REALTORS® reported 4,139 sales through
the Multiple Listing Service® (MLS®) during the first two weeks of June 2010.
This represented a 20 per cent decrease compared to the 5,185 sales recorded during
the same period in 2009. New listings increased by 21 per cent annually to 7,985.
“The pace of existing home sales in the GTA has slowed to more normal levels
following a record-setting start to 2010,” said Toronto Real Estate Board President Tom
Lebour.
“Due to higher mortgage carrying costs, sales in the second half of 2010 will not be as
high as what was experienced during the last six months of 2009.”
The average price for June mid-month transactions was $437,039 – up seven per cent
compared to the average of $407,716 recorded during the first 14 days of June 2009.
“The seller’s market conditions experienced during the first few months of the year have
given way to more balanced conditions. Home buyers are experiencing more choice,”
said Jason Mercer, TREB’s Senior Manager of Market Analysis. “With more choice in
the market place, price growth is starting to slow.”
Thursday, June 17, 2010
Saturday, June 12, 2010
Friday, June 11, 2010
What's Taxable Under the HST What's Not?
http://communications3.torontomls.net/gov_rel/information/hst/pdf/Taxable_HST.pdf
http://communications3.torontomls.net/gov_rel/information/hst/pdf/Taxable_HST.pdf
Thursday, June 10, 2010
New Developments in Toronto and Area:-
for new condo investment in Downtown Toronto and GTA call me today:
LOW RISE
LOW RISE
Opening Date
Builder
Development Name
Municipality
Product Type
2010-05-15
Delpark Homes
Woods of Nichol Trail
Whitby
Detached
Link Townhouse
2010-05-18
Silverbrook Homes
Residences of Gamble Glen
Richmond Hill
Semi Detached
Townhouse
2010-05-24
Oxnard Homes
Liberty Village
Clarington
Townhouse
2010-05-29
CountryWide Homes
Point at Woodbridge
Vaughan
Detached
Townhouse
2010-05-29
Heathwood Homes
Enclave at Forestbrook
Richmond Hill
Townhouse
2010-06-05
Beaverbrook Homes
Yorktowns
North York
Townhouse
2010-06-05
Marshall Homes
Riverbend
Ajax
Detached
Semi Detached
HIGH RISE
Opening Date
Builder
Development Name
Municipality
Product Type
*-->
2010-05-11
Tridel and Concert Properties
Blythwood at Huntington *
North York
Apartment
2010-05-15
Concert Properties
Berczy *
Toronto
Apartment
2010-05-15
North Star Homes
Pacific Villas *
Markham
Stacked
2010-05-17
BSäR Group of Companies
12 Degrees *
Toronto
Apartment
2010-05-18
Graywood Developments
5 Condos at 5 St. Joseph *
Toronto
Apartment
2010-05-26
Tridel
West Village - Tower 2 *
Etobicoke
Apartment
2010-05-29
Canderel Stoneridge Equity Group
DNA3 *
Toronto
Apartment
2010-05-29
Rockport Group
Ridgewood Phase II
Aurora
Apartment
2010-06-05
One Rainsford
Mitchell & Associates
Toronto
Apartment
2010-06-07
United Lands
Stonebrook II
Mississauga
Apartment
LOW RISE - Expected to open in the next 30 days
Builder
Development Name
Municipality
Product Type
There are no new Low Rise projects expected to open in the next 30 days
Highmark Homes
Valleys of Williamsburg
Whitby
Detached
HIGH RISE - Expected to open in the next 30 days
Builder
Development Name
Municipality
Product Type
Alterra Homes
Post House Condominium
Toronto
Apartment
Builder
Development Name
Municipality
Product Type
2010-05-15
Delpark Homes
Woods of Nichol Trail
Whitby
Detached
Link Townhouse
2010-05-18
Silverbrook Homes
Residences of Gamble Glen
Richmond Hill
Semi Detached
Townhouse
2010-05-24
Oxnard Homes
Liberty Village
Clarington
Townhouse
2010-05-29
CountryWide Homes
Point at Woodbridge
Vaughan
Detached
Townhouse
2010-05-29
Heathwood Homes
Enclave at Forestbrook
Richmond Hill
Townhouse
2010-06-05
Beaverbrook Homes
Yorktowns
North York
Townhouse
2010-06-05
Marshall Homes
Riverbend
Ajax
Detached
Semi Detached
HIGH RISE
Opening Date
Builder
Development Name
Municipality
Product Type
*-->
2010-05-11
Tridel and Concert Properties
Blythwood at Huntington *
North York
Apartment
2010-05-15
Concert Properties
Berczy *
Toronto
Apartment
2010-05-15
North Star Homes
Pacific Villas *
Markham
Stacked
2010-05-17
BSäR Group of Companies
12 Degrees *
Toronto
Apartment
2010-05-18
Graywood Developments
5 Condos at 5 St. Joseph *
Toronto
Apartment
2010-05-26
Tridel
West Village - Tower 2 *
Etobicoke
Apartment
2010-05-29
Canderel Stoneridge Equity Group
DNA3 *
Toronto
Apartment
2010-05-29
Rockport Group
Ridgewood Phase II
Aurora
Apartment
2010-06-05
One Rainsford
Mitchell & Associates
Toronto
Apartment
2010-06-07
United Lands
Stonebrook II
Mississauga
Apartment
LOW RISE - Expected to open in the next 30 days
Builder
Development Name
Municipality
Product Type
There are no new Low Rise projects expected to open in the next 30 days
Highmark Homes
Valleys of Williamsburg
Whitby
Detached
HIGH RISE - Expected to open in the next 30 days
Builder
Development Name
Municipality
Product Type
Alterra Homes
Post House Condominium
Toronto
Apartment
Informed Advantage Analytics
As of April 2010, there were 304 active Low Rise sites in the Greater Toronto Area and the total unsold inventory was 7,254 lots. The total number of active High Rise sites for April was 313, with a total unsold inventory of 13,636 units.
This newsletter is intended to provide you a quick look at what is happening in the Greater Toronto Area New Homes and Commercial markets. If you wish to learn more , please contact:
As of April 2010, there were 304 active Low Rise sites in the Greater Toronto Area and the total unsold inventory was 7,254 lots. The total number of active High Rise sites for April was 313, with a total unsold inventory of 13,636 units.
This newsletter is intended to provide you a quick look at what is happening in the Greater Toronto Area New Homes and Commercial markets. If you wish to learn more , please contact:
call today for more detail
Ejaz Waraich
Ejaz Waraich
Re/max 2000 Realty Inc.,Brokerage
Email: ewaraich@trebnet.com
(416)371-EJAZ(3529)
1-888-915-5050 Toll Free
Visit my website http://www.EjazWaraich.com for FREE information.
Visit my website http://www.EjazWaraich.com for FREE information.
-Buy a Home With NO Money Down
-Distress Sales ,Power Of Sales
-FREE Seller Reports-Sell Your Home Fast And For Top Dollar-FREE Buyer Reports
-Get The Most Home For Your Money-FREE Over
-The-Net Home Evaluation-Find Out What The House Down The Street Sold For
-And much more...
Tuesday, June 8, 2010
*FOR SALE BY OWNER*
HOW TO SELL YOUR HOUSE WITH OUT AN AGENT
*****FREE Report reveals*****
'10 inside tips to selling your house by your self' Visit:-
http://http://www.ejazhomes.com/
http://http://www.ejazhomes.com/
Monday, June 7, 2010
Pass Your Home Inspection
Free Special Report talks about 11 costly
inspection traps you can avoid. Visit:-
http://www.fasthomesellingsystem.info/
Saturday, June 5, 2010
GTA REALTORS® Report Monthly Resale Housing Figures
TORONTO, JUNE 3, 2010 ‐ Greater Toronto REALTORS® reported 9,470 sales through the
Multiple Listing Service® (MLS®) in May, representing a one per cent dip from May 2009. In
comparison to previous years, this was the third highest May sales result on record.
"The pace of transactions slowed in May following record‐setting sales in February, March and
April,” said Toronto Real Estate Board President Tom Lebour. “Buyers who otherwise would
have been purchasing a home in May moved more quickly this year, likely to get ahead of
mortgage rate hikes.”
New listings were up 38 per cent annually to 18,940. The average price for May transactions
was $446,593 – up 13 per cent compared to the average of $395,609 recorded in May 2009.
"The gap between listings and sales has widened, which means there is more choice for
buyers," said Jason Mercer, TREB's Senior Manager of Market Analysis. “The annual rate of
price growth will slow in the second half of 2010, from the current double digit pace into the
single digits.”
call today for more detail
Ejaz Waraich
Re/max 2000 Realty Inc.,Brokerage
Email: ewaraich@trebnet.com
(416)371-EJAZ(3529)
1-888-915-5050 Toll Free
Visit my website http://www.EjazWaraich.com
for FREE information.
-Buy a Home With NO Money Down-Distress Sales ,Power Of Sales
-FREE Seller Reports
-Sell Your Home Fast And For Top Dollar
-FREE Buyer Reports-Get The Most Home For Your Money
-FREE Over-The-Net Home Evaluation
-Find Out What The House Down The Street Sold For
-And much more...
TORONTO, JUNE 3, 2010 ‐ Greater Toronto REALTORS® reported 9,470 sales through the
Multiple Listing Service® (MLS®) in May, representing a one per cent dip from May 2009. In
comparison to previous years, this was the third highest May sales result on record.
"The pace of transactions slowed in May following record‐setting sales in February, March and
April,” said Toronto Real Estate Board President Tom Lebour. “Buyers who otherwise would
have been purchasing a home in May moved more quickly this year, likely to get ahead of
mortgage rate hikes.”
New listings were up 38 per cent annually to 18,940. The average price for May transactions
was $446,593 – up 13 per cent compared to the average of $395,609 recorded in May 2009.
"The gap between listings and sales has widened, which means there is more choice for
buyers," said Jason Mercer, TREB's Senior Manager of Market Analysis. “The annual rate of
price growth will slow in the second half of 2010, from the current double digit pace into the
single digits.”
call today for more detail
Ejaz Waraich
Re/max 2000 Realty Inc.,Brokerage
Email: ewaraich@trebnet.com
(416)371-EJAZ(3529)
1-888-915-5050 Toll Free
Visit my website http://www.EjazWaraich.com
for FREE information.
-Buy a Home With NO Money Down-Distress Sales ,Power Of Sales
-FREE Seller Reports
-Sell Your Home Fast And For Top Dollar
-FREE Buyer Reports-Get The Most Home For Your Money
-FREE Over-The-Net Home Evaluation
-Find Out What The House Down The Street Sold For
-And much more...
Thursday, June 3, 2010
Pass Your Home Inspection
Free Special Report talks about
11 costly inspection traps you can avoid. Visit
www.FastHomeSellingSystem.Info
Free Special Report talks about
11 costly inspection traps you can avoid. Visit
www.FastHomeSellingSystem.Info
Wednesday, June 2, 2010
Free Home Evaluation, No Obligations, No COST!
What is Your Home Worth?
FREE, Quick OVER-THE-NET Evaluation of Your Home
You will receive information of what comparable homes have sold for in your neighborhood and which homes are currently listed, how long they have been for sale, and their prices.
Get The Facts Without The Pressure
Based on this information, you will know what your home is worth. This complete confidential Market Analysis is absolutely FREE:
http://www.gtafreeonlinehomevalue.com/
Not intended to solicit properties currently listed for sale. Copyright 2001
Tuesday, June 1, 2010
Bank of Canada increases overnight rate target to 1/2 per cent and re-establishes normal functioning of the overnight market
OTTAWA – The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is correspondingly raised to 3/4 per cent and the deposit rate is kept at 1/4 per cent, thus re-establishing the normal operating band of 50 basis points for the overnight rate.
The global economic recovery is proceeding but is increasingly uneven across countries, with strong momentum in emerging market economies, some consolidation of the recovery in the United States, Japan and other industrialized economies, and the possibility of renewed weakness in Europe. The required rebalancing of global growth has not yet materialized.
In most advanced economies, the recovery remains heavily dependent on monetary and fiscal stimulus. In general, broad forces of household, bank, and sovereign deleveraging will add to the variability, and temper the pace, of global growth. Recent tensions in Europe are likely to result in higher borrowing costs and more rapid tightening of fiscal policy in some countries – an important downside risk identified in the April Monetary Policy Report (MPR). Thus far, the spillover into Canada from events in Europe has been limited to a modest fall in commodity prices and some tightening of financial conditions.
Activity in Canada is unfolding largely as expected. The economy grew by a robust 6.1 per cent in the first quarter, led by housing and consumer spending. Employment growth has resumed. Going forward, household spending is expected to decelerate to a pace more consistent with income growth. The anticipated pickup in business investment will be important for a more balanced recovery.
CPI inflation has been in line with the Bank’s April projections. The outlook for inflation reflects the combined influences of strong domestic demand, slowing wage growth, and overall excess supply.
In this context, the Bank has decided to raise the target for the overnight rate to 1/2 per cent and to re-establish the normal functioning of the overnight market.
This decision still leaves considerable monetary stimulus in place, consistent with achieving the 2 per cent inflation target in light of the significant excess supply in Canada, the strength of domestic spending, and the uneven global recovery.
Given the considerable uncertainty surrounding the outlook, any further reduction of monetary stimulus would have to be weighed carefully against domestic and global economic developments.
Information note:The next scheduled date for announcing the overnight rate target is 20 July 2010. A full update of the Bank’s outlook for the economy and inflation, including risks to the projection, will be published in the MPR on 22 July 2010.
call today for more detail
Ejaz Waraich
Re/max 2000 Realty Inc.,Brokerage
Email: ewaraich@trebnet.com
(416)371-EJAZ(3529)
1-888-915-5050 Toll Free
Visit my website http://www.EjazWaraich.com
for FREE information.
-Buy a Home With NO Money Down
-Distress Sales ,Power Of Sales
-FREE Seller Reports-Sell Your Home Fast And For Top Dollar
-FREE Buyer Reports-Get The Most Home For Your Money
-FREE Over-The-Net Home Evaluation
-Find Out What The House Down The Street Sold For
-And much more...
OTTAWA – The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is correspondingly raised to 3/4 per cent and the deposit rate is kept at 1/4 per cent, thus re-establishing the normal operating band of 50 basis points for the overnight rate.
The global economic recovery is proceeding but is increasingly uneven across countries, with strong momentum in emerging market economies, some consolidation of the recovery in the United States, Japan and other industrialized economies, and the possibility of renewed weakness in Europe. The required rebalancing of global growth has not yet materialized.
In most advanced economies, the recovery remains heavily dependent on monetary and fiscal stimulus. In general, broad forces of household, bank, and sovereign deleveraging will add to the variability, and temper the pace, of global growth. Recent tensions in Europe are likely to result in higher borrowing costs and more rapid tightening of fiscal policy in some countries – an important downside risk identified in the April Monetary Policy Report (MPR). Thus far, the spillover into Canada from events in Europe has been limited to a modest fall in commodity prices and some tightening of financial conditions.
Activity in Canada is unfolding largely as expected. The economy grew by a robust 6.1 per cent in the first quarter, led by housing and consumer spending. Employment growth has resumed. Going forward, household spending is expected to decelerate to a pace more consistent with income growth. The anticipated pickup in business investment will be important for a more balanced recovery.
CPI inflation has been in line with the Bank’s April projections. The outlook for inflation reflects the combined influences of strong domestic demand, slowing wage growth, and overall excess supply.
In this context, the Bank has decided to raise the target for the overnight rate to 1/2 per cent and to re-establish the normal functioning of the overnight market.
This decision still leaves considerable monetary stimulus in place, consistent with achieving the 2 per cent inflation target in light of the significant excess supply in Canada, the strength of domestic spending, and the uneven global recovery.
Given the considerable uncertainty surrounding the outlook, any further reduction of monetary stimulus would have to be weighed carefully against domestic and global economic developments.
Information note:The next scheduled date for announcing the overnight rate target is 20 July 2010. A full update of the Bank’s outlook for the economy and inflation, including risks to the projection, will be published in the MPR on 22 July 2010.
call today for more detail
Ejaz Waraich
Re/max 2000 Realty Inc.,Brokerage
Email: ewaraich@trebnet.com
(416)371-EJAZ(3529)
1-888-915-5050 Toll Free
Visit my website http://www.EjazWaraich.com
for FREE information.
-Buy a Home With NO Money Down
-Distress Sales ,Power Of Sales
-FREE Seller Reports-Sell Your Home Fast And For Top Dollar
-FREE Buyer Reports-Get The Most Home For Your Money
-FREE Over-The-Net Home Evaluation
-Find Out What The House Down The Street Sold For
-And much more...
What’s Taxable Under the HST and What’s Not?
Answering your questions about Ontario’s Harmonized Sales Tax
Here are examples of common products and services and how they will be affected by the HST.
1 Although sales tax on alcohol is decreasing, other alcohol fees and taxes are changing to continue to support social responsibility.
CLOTHING AND FOOTWEAR:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Adult Clothing
5%
8%
No (remains 13%)
Children’s Clothing
5%
No RST
No (remains 5%)
Shoe Repair Service
5%
8%
No (remains 13%)
Children’s Footwear
5%
No RST if $30 or less
No for footwear up to size 6 (remains 5%)
Tailoring Services
5%
8%
No (remains 13%)
Dry Cleaning Service
5%
No RST
Yes (changes to 13%)
FOOD AND BEVERAGES:
Did You Know?
6.6 million families and individuals in Ontario will receive sales tax transition benefits in three instalments over one year beginning in June 2010.
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Basic Groceries (e.g., Dairy, Meat, Vegetables, Canned goods)
No GST
No RST
No HST
Snack Foods (e.g., Chips, Pop)
5%
8%
No (remains 13%)
Qualifying Prepared Food and Beverages Sold for $4.00 or Less
5%
No RST
No (remains 5%)
Restaurant Meals for More than $4.00
5%
8%
No (remains 13%)
Alcoholic Beverages
5%
10-12%
HST 13%1
page 1
HOME SERVICES:
Did You Know?
93 per cent of all homes sold in Ontario, on average, will not be subject to an additional tax amount under HST.
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Cable Television Services
5%
8%
No (remains 13%)
Cell Phone Services
5%
8%
No (remains 13%)
Municipal Water
No GST
No RST
No HST
Home Maintenance Equipment
5%
8%
No (remains 13%)
Home Phone Services
5%
8%
No (remains 13%)
Home Service Calls to Repair Free-Standing Appliances such as Stoves, Refrigerators, Washers, Dryers, and Televisions
5%
8%
No (remains 13%)
Home Insurance
No GST
8%
No (remains 8%)
Electricity and Heating (e.g., Natural Gas/Oil for Home)
5%
No RST
Yes (changes to 13%)
Internet Access Services
5%
No RST
Yes (changes to 13%)
Home Service Calls by Electrician/Plumber/Carpenter to Maintain or Repair Furnace, Leaky Faucets, Bathtub, Toilet, Electrical Wiring, etc.
5%
No RST
Yes (changes to 13%)
Landscaping, Lawn-Care and Private Snow Removal
5%
No RST
Yes (changes to 13%)
ACCOMMODATION AND TRAVEL:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Luggage, Briefcases, Bags, etc.
5%
8%
No (remains 13%)
Municipal Public Transit
No GST
No RST
No HST
GO Transit
No GST
No RST
No HST
Hotel Rooms
5%
5%
Yes (changes to 13%)
Taxis
5%
No RST
Yes (changes to 13%)
Camping Sites
5%
No RST
Yes (changes to 13%)
Domestic Air, Rail and Bus Travel originating in Ontario
5%
No RST
Yes (changes to 13%)
page 2
AROUND THE HOUSE:
Did You Know?
The comprehensive tax package provides Ontarians with $11.8 billion in tax relief over three years.
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Cleaning Products
5%
8%
No (remains 13%)
Laundry Detergent, Fabric Softeners
5%
8%
No (remains 13%)
Household Furniture
5%
8%
No (remains 13%)
Refrigerators and Freezers
5%
8%
No (remains 13%)
Pre-packaged Computer Software
5%
8%
No (remains 13%)
Books (including Audio Books)
5%
No RST
No (remains 5%)
Newspapers
5%
No RST
No (remains 5%)
Magazines Purchased at Retail
5%
8%
No (remains 13%)
Office Supplies, Stationary
5%
8%
No (remains 13%)
Landscaping Materials
Including Sod, Seeds, Plants
5%
8%
No (remains 13%)
Linens (e.g., Blankets, Towels, Sheets)
5%
8%
No (remains 13%)
Tents, Sleeping Bags, Camping Supplies
5%
8%
No (remains 13%)
Tools
5%
8%
No (remains 13%)
Patio Furniture
5%
8%
No (remains 13%)
Barbeques, Lawnmowers, Snowblowers, Sprinklers
5%
8%
No (remains 13%)
Toys (e.g., Puzzles, Games, Action Figures, Dolls, Playsets)
5%
8%
No (remains 13%)
Outdoor Play Equipment
(e.g., Swing Set, Sandbox, Slides)
5%
8%
No (remains 13%)
Crafting Supplies
5%
8%
No (remains 13%)
Building Materials (e.g., Lumber, Concrete Mix)
5%
8%
No (remains 13%)
Magazines Purchased by Subscription
5%
No RST
Yes (changes to 13%)
Home Renovations
5%
No RST
Yes (changes to 13%)
page 3
MOTORIZED VEHICLES:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Vehicle Parts
5%
8%
No (remains 13%)
Short-Term Auto Rentals
5%
8%
No (remains 13%)
Lease of a Vehicle
5%
8%
No (remains 13%)
Child Car Seats and Booster Seats
5%
No RST
No (remains 5%)
Auto Insurance
No GST
No RST
No HST
Labour Charges to Repair Vehicle
5%
8%
No (remains 13%)
Oil Change
5%
8%
No (remains 13%)
Tires
5%
8%
No (remains 13%)
Window Repair
5%
8%
No (remains 13%)
Purchase of Vehicle from Dealer
5%
8%
No (remains 13%)
Boats
5%
8%
No (remains 13%)
Snowmobiles
5%
8%
No (remains 13%)
Recreational Vehicles
5%
8%
No (remains 13%)
Private Resale of Vehicles
No GST
8%
Yes2 (changes to 13%)
Gasoline/Diesel
5%
No RST
Yes (changes to 13%)
2 HST does not apply; however, Ontario will maintain the RST on private transfers of used vehicles at a rate of 13 per cent to help ensure a level-playing field between sales by dealerships and private sales.
HOME PURCHASES:
GST-taxable before
July 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
New Homes up to $400,000
5%
No RST
No change3
News Homes over $400,000
5%
No RST
Yes3A
Resale Homes
No GST
No RST
No HST
Real Estate Commissions
5%
No RST
Yes (changes to 13%)
3 The new housing rebate will be 75 per cent of the Ontario component of the HST, up to a maximum of $24,000. The rebate will ensure that buyers of homes priced up to $400,000 will, on average, pay no more tax than under the RST system. However, applicable RST on building supplies is embedded in the price of the home.
3A New homes purchased as primary residences, valued at $400,000 or more will be eligible for the maximum new housing rebate of $24,000.
page 4
HEALTH PRODUCTS AND SERVICES:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Audiologist Services
No GST
No RST
No HST if offered by a practitioner of the service.
Chiropractor Services
No GST
No RST
No HST if offered by a practitioner of the service.
Physiotherapist Services
No GST
No RST
No HST if offered by a practitioner of the service.
Pharmacist Dispensing Fees
No GST
No RST
No HST
Over-the-Counter Medications
5%
8%
No (remains 13%)
Prescription Drugs
No GST
No RST
No HST
Some Medical Devices
Includes walkers, hearing aids
No GST
No RST
No HST
Prescription glasses/contact lenses
No GST
No RST
No HST
Feminine Hygiene Products
5%
No RST
No (remains 5%)
Adult Incontinence Products
No GST
No RST
No HST
Diapers
5%
No RST
No (remains 5%)
Cosmetics
5%
8%
No (remains 13%)
Hair Care Products (e.g., Shampoo, Conditioner, Styling Products)
5%
8%
No (remains 13%)
Dental Hygiene Products
(e.g., Toothpaste, Toothbrushes)
5%
8%
No (remains 13%)
Massage Therapy Services
5%
No RST
Yes (changes to 13%)
Vitamins
5%
No RST
Yes (changes to 13%)
page 5
MEMBERSHIPS, ENTERTAINMENT AND SPORTS EQUIPMENT:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Admissions to Professional Sporting Events
5%
10%
Combined rate going down to 13% from current 15%
Movie Tickets
5%
10%
Combined rate going down to 13% from current 15%
Music Lessons
No GST
No RST
No HST
Skis and Snowboards
5%
8%
No (remains 13%)
Hockey Equipment
5%
8%
No (remains 13%)
Golf Clubs
5%
8%
No (remains 13%)
Green Fees for Golf
5%
No RST
Yes (changes to 13%)
Gym and Athletic Membership Fees
5%
No RST
Yes (changes to 13%)
Ballet, Karaté, Trampoline, Hockey, Soccer Lessons, etc.
5%
No RST
Yes4 (changes to 13%)
Tickets for Live Theatre with 3,200 Seats or Less
5%
No RST
Yes5 (changes to 13%)
4 HST taxable, although some could be HST-exempt if provided by a public service body to children 14 and under and underprivileged individuals with a disability.
5 HST taxable, although some could be exempt if maximum admission charged by a public service body is $1 or less, if the admissions are made in the course of the fundraising events where charitable receipts for income tax purposes may be issued, or admissions are to amateur performances.
LEASES AND RENTALS:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Condo Fees
No GST6
No RST6
No HST6
Residential Rents
No GST
No RST
No HST
Hockey Rink and Hall Rental Fees
5%
No RST
Yes (changes to 13%)
6 Residential condo fees charged to residents are exempt; however, purchases by condominium corporations will be subject to HST, if applicable.
page 6
ELECTRONICS:
GST-taxable before
July 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
TVs
5%
8%
No (remains 13%)
DVD and Blu-ray Players and Accessories
5%
8%
No (remains 13%)
MP3 Players
5%
8%
No (remains 13%)
Cell Phones, Smart Phones
5%
8%
No (remains 13%)
Cell phone service
5%
8%
No (remains 13%)
CDs, DVDs and Blu-ray discs
5%
8%
No (remains 13%)
PROFESSIONAL AND PERSONAL SERVICES:
Did You Know?
Approximately 2.8 million families and individuals would benefit from the proposed Ontario Energy and Property Tax Credit, which would provide over $1.2 billion annually in energy and property tax relief.
GST-taxable before
July 1, 2010
RST-taxable before
July 1, 2010
Is there a change to the amount of tax payable under the HST?
Child Care Services
No GST
No RST
No HST
Legal Aid
No GST
No RST
No HST
Coffins and Urns Purchased Separately from a Package of Funeral Services
5%
8%
No (remains 13%)
Fitness Trainer
5%
No RST
Yes (changes to 13%)
Hair Stylist/Barber
5%
No RST
Yes (changes to 13%)
Esthetician Services
(e.g. Manicures, Pedicures, Facials)
5%
No RST
Yes (changes to 13%)
Funeral Services
5%
No RST
Yes (changes to 13%)
Legal Fees
5%
No RST
Yes (changes to 13%)
page 7
TOBACCO:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Cigarettes and Other Tobacco Purchases
5%
No RST
Yes (changes to 13%)
Nicotine Replacement Products
5%
No RST
Yes (changes to 13%)
BANKING AND INVESTMENTS:
Did You Know?
In Atlantic Canada, investment in machinery and equipment rose by more than 12 per cent following the move to a harmonized sales tax.
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Mortgage Interest Costs
No GST
No RST
No HST
Most Financial Services
No GST
No RST
No HST
Still Have Questions?
To learn more about the benefits of HST visit www.ontario.ca/taxchange. You can also call 1 800 337-7222, teletypewriter (TTY) 1 800 263-7776.
For more information, you can also contact the Canada Revenue Agency. Visit the CRA website at www.cra.gc.ca/harmonization or call 1 800 959-5525.
© Queen’s Printer for Ontario, 2010
ISBN 978-1-4435-2537-4 (Print)
ISBN 978-1-4435-2538-1 (HTML)
ISBN 978-1-4435-2539-8 (PDF)
page 8
Answering your questions about Ontario’s Harmonized Sales Tax
Here are examples of common products and services and how they will be affected by the HST.
1 Although sales tax on alcohol is decreasing, other alcohol fees and taxes are changing to continue to support social responsibility.
CLOTHING AND FOOTWEAR:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Adult Clothing
5%
8%
No (remains 13%)
Children’s Clothing
5%
No RST
No (remains 5%)
Shoe Repair Service
5%
8%
No (remains 13%)
Children’s Footwear
5%
No RST if $30 or less
No for footwear up to size 6 (remains 5%)
Tailoring Services
5%
8%
No (remains 13%)
Dry Cleaning Service
5%
No RST
Yes (changes to 13%)
FOOD AND BEVERAGES:
Did You Know?
6.6 million families and individuals in Ontario will receive sales tax transition benefits in three instalments over one year beginning in June 2010.
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Basic Groceries (e.g., Dairy, Meat, Vegetables, Canned goods)
No GST
No RST
No HST
Snack Foods (e.g., Chips, Pop)
5%
8%
No (remains 13%)
Qualifying Prepared Food and Beverages Sold for $4.00 or Less
5%
No RST
No (remains 5%)
Restaurant Meals for More than $4.00
5%
8%
No (remains 13%)
Alcoholic Beverages
5%
10-12%
HST 13%1
page 1
HOME SERVICES:
Did You Know?
93 per cent of all homes sold in Ontario, on average, will not be subject to an additional tax amount under HST.
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Cable Television Services
5%
8%
No (remains 13%)
Cell Phone Services
5%
8%
No (remains 13%)
Municipal Water
No GST
No RST
No HST
Home Maintenance Equipment
5%
8%
No (remains 13%)
Home Phone Services
5%
8%
No (remains 13%)
Home Service Calls to Repair Free-Standing Appliances such as Stoves, Refrigerators, Washers, Dryers, and Televisions
5%
8%
No (remains 13%)
Home Insurance
No GST
8%
No (remains 8%)
Electricity and Heating (e.g., Natural Gas/Oil for Home)
5%
No RST
Yes (changes to 13%)
Internet Access Services
5%
No RST
Yes (changes to 13%)
Home Service Calls by Electrician/Plumber/Carpenter to Maintain or Repair Furnace, Leaky Faucets, Bathtub, Toilet, Electrical Wiring, etc.
5%
No RST
Yes (changes to 13%)
Landscaping, Lawn-Care and Private Snow Removal
5%
No RST
Yes (changes to 13%)
ACCOMMODATION AND TRAVEL:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Luggage, Briefcases, Bags, etc.
5%
8%
No (remains 13%)
Municipal Public Transit
No GST
No RST
No HST
GO Transit
No GST
No RST
No HST
Hotel Rooms
5%
5%
Yes (changes to 13%)
Taxis
5%
No RST
Yes (changes to 13%)
Camping Sites
5%
No RST
Yes (changes to 13%)
Domestic Air, Rail and Bus Travel originating in Ontario
5%
No RST
Yes (changes to 13%)
page 2
AROUND THE HOUSE:
Did You Know?
The comprehensive tax package provides Ontarians with $11.8 billion in tax relief over three years.
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Cleaning Products
5%
8%
No (remains 13%)
Laundry Detergent, Fabric Softeners
5%
8%
No (remains 13%)
Household Furniture
5%
8%
No (remains 13%)
Refrigerators and Freezers
5%
8%
No (remains 13%)
Pre-packaged Computer Software
5%
8%
No (remains 13%)
Books (including Audio Books)
5%
No RST
No (remains 5%)
Newspapers
5%
No RST
No (remains 5%)
Magazines Purchased at Retail
5%
8%
No (remains 13%)
Office Supplies, Stationary
5%
8%
No (remains 13%)
Landscaping Materials
Including Sod, Seeds, Plants
5%
8%
No (remains 13%)
Linens (e.g., Blankets, Towels, Sheets)
5%
8%
No (remains 13%)
Tents, Sleeping Bags, Camping Supplies
5%
8%
No (remains 13%)
Tools
5%
8%
No (remains 13%)
Patio Furniture
5%
8%
No (remains 13%)
Barbeques, Lawnmowers, Snowblowers, Sprinklers
5%
8%
No (remains 13%)
Toys (e.g., Puzzles, Games, Action Figures, Dolls, Playsets)
5%
8%
No (remains 13%)
Outdoor Play Equipment
(e.g., Swing Set, Sandbox, Slides)
5%
8%
No (remains 13%)
Crafting Supplies
5%
8%
No (remains 13%)
Building Materials (e.g., Lumber, Concrete Mix)
5%
8%
No (remains 13%)
Magazines Purchased by Subscription
5%
No RST
Yes (changes to 13%)
Home Renovations
5%
No RST
Yes (changes to 13%)
page 3
MOTORIZED VEHICLES:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Vehicle Parts
5%
8%
No (remains 13%)
Short-Term Auto Rentals
5%
8%
No (remains 13%)
Lease of a Vehicle
5%
8%
No (remains 13%)
Child Car Seats and Booster Seats
5%
No RST
No (remains 5%)
Auto Insurance
No GST
No RST
No HST
Labour Charges to Repair Vehicle
5%
8%
No (remains 13%)
Oil Change
5%
8%
No (remains 13%)
Tires
5%
8%
No (remains 13%)
Window Repair
5%
8%
No (remains 13%)
Purchase of Vehicle from Dealer
5%
8%
No (remains 13%)
Boats
5%
8%
No (remains 13%)
Snowmobiles
5%
8%
No (remains 13%)
Recreational Vehicles
5%
8%
No (remains 13%)
Private Resale of Vehicles
No GST
8%
Yes2 (changes to 13%)
Gasoline/Diesel
5%
No RST
Yes (changes to 13%)
2 HST does not apply; however, Ontario will maintain the RST on private transfers of used vehicles at a rate of 13 per cent to help ensure a level-playing field between sales by dealerships and private sales.
HOME PURCHASES:
GST-taxable before
July 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
New Homes up to $400,000
5%
No RST
No change3
News Homes over $400,000
5%
No RST
Yes3A
Resale Homes
No GST
No RST
No HST
Real Estate Commissions
5%
No RST
Yes (changes to 13%)
3 The new housing rebate will be 75 per cent of the Ontario component of the HST, up to a maximum of $24,000. The rebate will ensure that buyers of homes priced up to $400,000 will, on average, pay no more tax than under the RST system. However, applicable RST on building supplies is embedded in the price of the home.
3A New homes purchased as primary residences, valued at $400,000 or more will be eligible for the maximum new housing rebate of $24,000.
page 4
HEALTH PRODUCTS AND SERVICES:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Audiologist Services
No GST
No RST
No HST if offered by a practitioner of the service.
Chiropractor Services
No GST
No RST
No HST if offered by a practitioner of the service.
Physiotherapist Services
No GST
No RST
No HST if offered by a practitioner of the service.
Pharmacist Dispensing Fees
No GST
No RST
No HST
Over-the-Counter Medications
5%
8%
No (remains 13%)
Prescription Drugs
No GST
No RST
No HST
Some Medical Devices
Includes walkers, hearing aids
No GST
No RST
No HST
Prescription glasses/contact lenses
No GST
No RST
No HST
Feminine Hygiene Products
5%
No RST
No (remains 5%)
Adult Incontinence Products
No GST
No RST
No HST
Diapers
5%
No RST
No (remains 5%)
Cosmetics
5%
8%
No (remains 13%)
Hair Care Products (e.g., Shampoo, Conditioner, Styling Products)
5%
8%
No (remains 13%)
Dental Hygiene Products
(e.g., Toothpaste, Toothbrushes)
5%
8%
No (remains 13%)
Massage Therapy Services
5%
No RST
Yes (changes to 13%)
Vitamins
5%
No RST
Yes (changes to 13%)
page 5
MEMBERSHIPS, ENTERTAINMENT AND SPORTS EQUIPMENT:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Admissions to Professional Sporting Events
5%
10%
Combined rate going down to 13% from current 15%
Movie Tickets
5%
10%
Combined rate going down to 13% from current 15%
Music Lessons
No GST
No RST
No HST
Skis and Snowboards
5%
8%
No (remains 13%)
Hockey Equipment
5%
8%
No (remains 13%)
Golf Clubs
5%
8%
No (remains 13%)
Green Fees for Golf
5%
No RST
Yes (changes to 13%)
Gym and Athletic Membership Fees
5%
No RST
Yes (changes to 13%)
Ballet, Karaté, Trampoline, Hockey, Soccer Lessons, etc.
5%
No RST
Yes4 (changes to 13%)
Tickets for Live Theatre with 3,200 Seats or Less
5%
No RST
Yes5 (changes to 13%)
4 HST taxable, although some could be HST-exempt if provided by a public service body to children 14 and under and underprivileged individuals with a disability.
5 HST taxable, although some could be exempt if maximum admission charged by a public service body is $1 or less, if the admissions are made in the course of the fundraising events where charitable receipts for income tax purposes may be issued, or admissions are to amateur performances.
LEASES AND RENTALS:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Condo Fees
No GST6
No RST6
No HST6
Residential Rents
No GST
No RST
No HST
Hockey Rink and Hall Rental Fees
5%
No RST
Yes (changes to 13%)
6 Residential condo fees charged to residents are exempt; however, purchases by condominium corporations will be subject to HST, if applicable.
page 6
ELECTRONICS:
GST-taxable before
July 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
TVs
5%
8%
No (remains 13%)
DVD and Blu-ray Players and Accessories
5%
8%
No (remains 13%)
MP3 Players
5%
8%
No (remains 13%)
Cell Phones, Smart Phones
5%
8%
No (remains 13%)
Cell phone service
5%
8%
No (remains 13%)
CDs, DVDs and Blu-ray discs
5%
8%
No (remains 13%)
PROFESSIONAL AND PERSONAL SERVICES:
Did You Know?
Approximately 2.8 million families and individuals would benefit from the proposed Ontario Energy and Property Tax Credit, which would provide over $1.2 billion annually in energy and property tax relief.
GST-taxable before
July 1, 2010
RST-taxable before
July 1, 2010
Is there a change to the amount of tax payable under the HST?
Child Care Services
No GST
No RST
No HST
Legal Aid
No GST
No RST
No HST
Coffins and Urns Purchased Separately from a Package of Funeral Services
5%
8%
No (remains 13%)
Fitness Trainer
5%
No RST
Yes (changes to 13%)
Hair Stylist/Barber
5%
No RST
Yes (changes to 13%)
Esthetician Services
(e.g. Manicures, Pedicures, Facials)
5%
No RST
Yes (changes to 13%)
Funeral Services
5%
No RST
Yes (changes to 13%)
Legal Fees
5%
No RST
Yes (changes to 13%)
page 7
TOBACCO:
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Cigarettes and Other Tobacco Purchases
5%
No RST
Yes (changes to 13%)
Nicotine Replacement Products
5%
No RST
Yes (changes to 13%)
BANKING AND INVESTMENTS:
Did You Know?
In Atlantic Canada, investment in machinery and equipment rose by more than 12 per cent following the move to a harmonized sales tax.
GST-taxable beforeJuly 1, 2010
RST-taxable beforeJuly 1, 2010
Is there a change to the amount of tax payable under the HST?
Mortgage Interest Costs
No GST
No RST
No HST
Most Financial Services
No GST
No RST
No HST
Still Have Questions?
To learn more about the benefits of HST visit www.ontario.ca/taxchange. You can also call 1 800 337-7222, teletypewriter (TTY) 1 800 263-7776.
For more information, you can also contact the Canada Revenue Agency. Visit the CRA website at www.cra.gc.ca/harmonization or call 1 800 959-5525.
© Queen’s Printer for Ontario, 2010
ISBN 978-1-4435-2537-4 (Print)
ISBN 978-1-4435-2538-1 (HTML)
ISBN 978-1-4435-2539-8 (PDF)
page 8
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