Ontario extends PST break for ‘green’ appliances
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.
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They are Ivan Helyukh, the CEO of subsidiary DTEK Grid, and Borys Lisoviy, a top manager of power generation company Skhidenergo, according to Kyiv-based Concorde Capital investment bank.
Ukraine’s Anti-Corruption Bureau (NABU) alleges that now four DTEK managers “pressured” and colluded with four regulators at the National Energy and Utilities Regulatory Commission to manipulate tariffs on electricity generated from coal that forced consumers…
