The Official Opposition is calling out the Saskatchewan government for the affects of the most recent PST hike.
A report from Statistics Canada shows the PST hike from the last provincial budget has done more harm to the Saskatchewan economy than good, particularly in regards to the construction and food and beverage industries.
Saskatchewan NDP MLA Cathy Sproule says her party did offer warning on how damaging the hike could be. But they didn’t listen and now Saskatchewan businesses are paying the price.
“This is a severe hit on businesses in Saskatchewan,” she said. “We know the CFIB is concerned about his hit. We saw it coming and this is the result of those heartless cuts.”
With the budget only days away, Sproule is hopeful the government takes this into consideration and makes changes to the provincial sales tax rate.
“I sure hope that Mr. Moe and Ms. Harpauer are looking closely at this because we need to make sure that Saskatchewan businesses are competitive.”
The provincial government has disputed these figures.
While they do note there has been a decrease in food and beverage sales, the stats actually indicate they’ve been improving over the last six months at 2.6%.