OTTAWA, ONTARIO--(Marketwired - Dec. 15, 2015) - The proposed increase to the provincial portion of the Harmonized Sales Tax (HST) in Newfoundland and Labrador, which was to take effect on January 1, 2016, has been cancelled. As a result, the HST rate in Newfoundland and Labrador will remain at 13% after December 31, 2015.

On December 14, 2015, the Government of Newfoundland and Labrador issued a Tax Information Bulletin announcing the cancellation.

The province's Tax Information Bulletin (Number HST 001) can be found at the following link.

http://www.fin.gov.nl.ca/fin/tax_programs_incentives/pdf/hst_cancellation.pdf

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Contact Information:

Philippe Brideau
Media Relations
Canada Revenue Agency
613-941-6269