Farmers to reap benefits of recent PST changes
The province is making some changes to provincial sales tax (PST) to lend a hand to farmers.
In a release, the province shared that amendments to PST regulations will “provide greater clarity to farmers” and help ensure the tax is “applied fairly and consistently to farming and agricultural goods and services.”
Deputy premier and finance minister Donna Harpauer said the changes were made after hearing concerns about how fairly PST was being applied to farming and agriculture activity.
“The changes to the PST regulations will be more equitable, consistent and protect farmers against perceived ‘PST creep’ in farming activity,” Harpauer said in the release.