Booksellers say HST is 'nail in the coffin'
HST could be rebated on books, says Sheridan
CBC News
Posted: Aug 9, 2012 7:21 AM AT
Last Updated: Aug 9, 2012 7:57 PM AT
Related
Related Stories
P.E.I. Finance Minister Wes Sheridan addresses a slide explaining the coming of the HST to the province. (Brendan Elliott/CBC)Booksellers in the province are raising concerns the new harmonized sales tax will make it even harder for their businesses to compete with online retailers.
Lori Cheverie, manager of Bookmark, says the HST would have a devastating effect on bookstores.
"That means we're the only place in Canada that has to charge that extra nine per cent," she said. "The other six provinces offer the point-of-sale rebate of the provincial portion. While we're already fighting online shopping and off-Island shopping it's just going to put another nail in the coffin."
Right now customers pay a five per cent tax on books.
Books are high on the list of possible rebates for the HST when it is introduced to P.E.I. in April, says Finance Minister Wes Sheridan.
As plans currently stand, the sales tax on books will go up from five per cent to 14 per cent. Speaking before a government information meeting on the HST in Tignish Wednesday night, O'Leary bookseller Corinne Peters told Sheridan raising the tax on books would mean the end of her business and others.
"Every other place that has implemented the HST has rebated the provincial portion back, and P.E.I.'s not talking of that," said Peters.
"You have effectively put all of us booksellers on P.E.I. out of business if you do not do that."
Sheridan said there is room to "tweak" some aspects of the HST, and he'll talk to his cabinet colleagues about excluding books.
"I can tell you that it is at the top of our laundry list that we're taking to cabinet," he said.
"What people talk about an awful lot is the literacy, and how we're trying to maintain that. So it is tough to be in that business and we're looking at all ways in which we can make it fair."
Kate VanGerven , president of the UPEI Student Union, said students pay enough for textbooks without the added burden of HST.
"The problem is, when the total cost of your textbooks a semester is reaching into the $500, $600, $700 region — that's more than a course itself so that's a problem," VanGerven said.
Booksellers, publishers and student unions are meeting with Sheridan next Wednesday to discuss the impact the HST will have on their industry.
About two dozen people attended the information session in Tignish, the last of a series of information meetings hosted by Sheridan.
For mobile device users: Should provincial portion of HST be rebated on books?
Share Tools
Latest Prince Edward Island News Headlines
- Motorcyclist killed in Marshfield collision
- RCMP say a 53-year-old man died when his motorcycle collided with a vehicle just before 5 p.m. on Wednesday more »
- 35 laid off at UPEI
- Layoff notices were delivered Wednesday to 35 employees at the University of Prince Edward Island as part of the school's efforts to eliminate a $9 million deficit. more »
- Principal pleads guilty to luring a minor
- The former principal of P.E.I.'s Kensington Intermediate Senior High School pleaded guilty Thursday to a charge of luring a minor. more »
- Car dealer faces $15K vandal bill
- A Morell business owner will be paying out of his own pocket after vandals struck his car dealership. more »
Must Watch
Top News Headlines
- Harper 'not consulted' about Duffy Senate expense repayment

- Prime Minister Stephen Harper says that not only did he not know about his chief of staff's "gift" to repay Senator Mike Duffy's expenses before the story broke in the media, he was not consulted and did not sign off on Nigel Wright's decision to write a personal cheque. more »
- 2 infants confirmed among dead of Oklahoma tornado
- Rescue workers raced to complete the search for survivors and the dead in the Oklahoma City suburb where a mammoth tornado destroyed countless homes, cleared lots down to bare red earth and claimed 24 lives, including those of 10 children. more »
- 'You will see him again in heaven,' Sharlene Bosma tells daughter
- Sharlene Bosma told more than 1,000 people at the public memorial service for her slain husband, Tim Bosma, about the love they shared. more »
- Mayor Ford stays silent while his brother defends him
- Toronto Mayor Rob Ford continues to stonewall the media over allegations that he was recorded on video smoking what appears to be crack cocaine, but his brother Coun. Doug Ford told reporters Wednesday that the story is untrue. more »
- 35 laid off at UPEI
- Peewee hockey bodychecking faces national ban
- Car dealer faces $15K vandal bill
- Colonel Gray High scraps exam exemptions
- Principal pleads guilty to luring a minor
- Lobster glut leads to quotas amid low prices
- Mike Duffy's primary home not P.E.I., unedited Senate report says
- Summerside cracks down on ATV riders
- RCMP identify victims of fatal crashes

