Ontario extends PST break for ‘green’ appliances

TORONTO, ONTARIO - Going green will continue to save you some green.

As first announced in the spring budget, the Ontario government is extending the provincial sales tax exemption on energy-efficient appliances and most bicycles.

Energy Star-rated refrigerators, freezers, washers, dehumidifiers and room air conditioners qualify, along with high-efficiency light bulbs and bicycles costing less than $1,000, Premier Dalton McGuinty said. The 8 per cent PST exemption on appliances and light bulbs will continue until Aug. 31, 2009, and is expected to cost the treasury about $52 million.

The tax break on bikes, helmets and other cycling safety gear will continue until Dec. 31, 2010, at a cost to provincial coffers of about $16 million.

McGuinty acknowledged his government was examining other ways to encourage consumers to choose more environmentally friendly products.

Related News

solar panels

New clean energy investment in developing nations slipped sharply last year: report

BEIJING - New clean energy investment slid by more than a fifth in developing countries last year due to a slowdown in China, while the amount of coal-fired power generation jumped to a new high, a recent annual survey showed.

Bloomberg New Energy Finance (BNEF) surveyed 104 emerging markets and found that developing nations were moving towards cleaner power sources, but not fast enough to limit carbon dioxide emissions or the effects of climate change.

New investment in wind, solar and other clean energy projects dropped to $133 billion last year from $169 billion a year earlier, mainly due to a slump…

READ MORE
manhattan lights

Electricity Demand In The Time Of COVID-19

READ MORE

sally kwan and Duane Hanson

New York and New England Need More Clean Energy. Is Hydropower From Canada the Best Way to Get it?

READ MORE

uk-energy-industry-divided-over-free-electricity-debate

UK Energy Industry Divided Over Free Electricity Debate

READ MORE

Greta Thunberg

Opinion: Germany's drive for renewable energy is a cautionary tale

READ MORE