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2024-01-01 14:39:26

Canadian History Ehx on Nostr: On this day in 1991, the new Goods and Services Tax (GST) came into effect. The tax ...

On this day in 1991, the new Goods and Services Tax (GST) came into effect.
The tax was very unpopular among Canadians.
Originally set at 7%, it was lowered to 5% in 2008. Today, GST generates $37.4 billion in revenue for the federal government.

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