1. Replacement or Reform of GST
MOVED by Cllr. Puil,
SECONDED by Cllr. Bellamy,
WHEREAS the Federal Government has indicated that it intends
to harmonize the GST with the PST; and
WHEREAS municipalities currently pay 7% GST on all purchases,
but receive a rebate of 57.14% based on the principle that they
should carry no greater burden under GST than they experienced
under the previous Municipalities Sales Tax;
BE IT THEREFORE RESOLVED:
(a) THAT Vancouver communicate immediately with Prime
Minister Jean ChrÇtien, Finance Minister Paul
Martin, and local Members of Parliament to seek
assurance that the municipal governments will have
no greater Federal and Provincial tax burden imposed
on them through replacement or reform of the GST.
(b) THAT Vancouver communicate immediately with the
Provincial Premier to seek assurance that municipal
governments will have no greater Federal and
Provincial tax burden imposed on them through
replacement or reform of the GST.
(c) THAT Vancouver use all means available to highlight
to the local media that they are calling upon the
Federal, Provincial, and Territorial Governments to
ensure that no greater federal and provincial tax
burden is imposed on municipal governments, and
hence property taxpayers through replacement or
reform of the GST.