Appearently it is the Quebecan provincial government’s opinion that the recession can be counteracted by higher sales taxes.

Today the provincial sales taxes in Quebec went up 1% to 8.5%. And another 1% hike is scheduled on New Years Day 2012.

I guess they got this brilliant idea from the provincial governments of Ontario, BC and Nova Scotia, who all hiked and/or extended their taxes in July.

In my opinion these additional taxes hinder our recovery.

They burden smaller retailers, who will probably consider this the last nail in their coffin, and force larger retailers to cut expendatures and staff.

It is obviously counterproductive.