provincial

Streaming Taxes In Quebec

It appears that streaming services like Netflix might be subject to provincial sales taxes in Quebec soon.

Quebec Finance Minister Carlos Leitao said this could be a possibility soon, depending on the details of the $500 million Canadian Content deal the federal government has worked out with Netflix.

Some download and streaming services are already subject to provincial or harmonized sales taxes, like iTunes, Apple Music and other services that are based in Quebec or in Canada.

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Anti-Scalping Legislation Introduced

New legislation was introduced to the Ontario Parliament yesterday to prohibit the use of ticket bots, software that enables the mass purchase of concert and event tickets.

Schedule 3 of Bill 166, a.k.a the Strengthening Protection for Ontario Consumers Act, will enact the Ticket Sales Act, which will replace the Ticket Speculation Act and essentially cause automated ticket purchasing software to become illegal for events in the province of Ontario.

Also included in the Ticket Sales Act are provisions capping the resale price of tickets at 50 percent above face value, regulations in regards to transparency (mandatory disclosures of the identity of the seller, number of tickets in the seller’s possession, and original ticket price) and regulations in regards to mandatory residency and/or incorporation in the province of Ontario for ticket sellers.

Click here to read the proposed legislation, in full.

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Ontario Wants Help To Curtail Ticket Bots

The provincial government of Ontario is now consulting the public in regards to ticket bots.

“Ticket bots” enable companies and individuals to purchase large numbers of tickets to popular events almost instantaneously, requiring many regular consumers to pay significant more to see their favourite team, musical act or theatrical performance, as seen on CBC’s Marketplace.

A survey can be found by clicking here until March 15th, 2017.

Interesting Move by Quebec Government

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.