HST - Burnaby Board of Trade

Yesterday Morning, I went to Burnaby board of Trade meeting to discuss with the trade member about the impacts of HST. So far the bottomline from my understanding is there will be changes in how business does their accounting, Real estate development sector getting screwed on their cashflow and such, so to expect higher housing prices. The restaurant sector is getting hammered too. There is alot of undecided how to handle the details of the taxes, we will just have to sit and watch what is coming.

The good news is Trade members voice are being listen to..