BC condo fees to rise up to seven per cent when Harmonized Sales Tax hits next July…Same issues as Ontario…
(Source: The Vancouver Sun)
British Columbia’s condominium owners can expect their building maintenance fees to rise up to seven per cent when the Harmonized Sales Tax (HST) takes effect next July, according to groups that represent them. Monthly maintenance fees cover the common costs of looking after a condominium complex, from landscaping and janitorial to heating systems and elevator maintenance.
Read the full article by Derrick Penner, “Harmonize this: HST will hit condo maintenance fees” in the Vancouver Sun (August 21, 2009).