Riverdale,
Are you telling me that the construction of new facilities are not capital costs and that hydro is?
I have always thought that hydro was a operating expense, just as rent, water, phone, internet, wages, etc would be. Guess you learn something new every day.
As to what a companies actual capital costs are, you can find that out from any annual report.
For me, what I learned was two things. The above mentioned, and that I blow smoke out of my ass (did you know how talented a trick that actually is?).
IMHO that last bit from you was not necessary. If you had a problem with what I was saying, than fine, but if you want to be an arrogant ass, do it on somebody elses time. I'm here to provide my input, and if it is incorrect, to learn from my mistakes, accept them, and move on. You on the other hand, clearly have no problem with attempts at being an internet intimidator. Maybe you should get off the green oval down there in the gully and brush up on business terminology.
You know absolutely nothing about me or what I know. Therefore, before you throw out insults like that (sorry, opinions. Humble ones at that), consider your audience. Although, I may be new around here, I will respond in kind. I would say that when it comes to the operations of a business I probably know a heck of a lot more than you would be able to acknowledge.
You clearly did not understand what I was saying because your Riverdale mind was too stuck in a neighbourhood of small business land. Or maybe your thoughts were being over shadowed by the construction that has been and continues at Regent Park. Either way, what I was saying, and what your narrow approach to commercial (which includes retail) business failed to understand is, what small business is going to relocate from the 416 to the 905 and (do you need the 'and' underlined?) build a new building? I would say few and far between. A move like that would generally be one of a larger operational scale. Therefore, your small business approach really has no relevance on the original point that I was making (as my point was not directed to the under $30,000 earner businesses). When they pay for capital projects, they will be paying the HST on every aspect of the project. Once those costs have been determined, the price of goods/services provided will increase. As a consumer of goods/services, those increases will be passed on to us on the goods/services purchased. Therefore we, as a consumer society, will be paying more at the end of the day. Not 6%, it will wind up being more than than. IE: Increase inflationary concerns.
So your wife does the GST thing the way she does. That's fine. But her wholesaler pays the GST on the goods when they come into the country (as very little is GST exempt upon importation into Canada). So any which way you cut it, someone is paying the GST and then getting it back once the goods have been sold on to another business. Small and generally underproductive businesses use this practice because it is considerably easier for both a wholesaler to keep a list of the GST numbers of those clients and then just do a cost adjustment of their own records, as well as the business owner because it just means less time consuming paperwork. Consider it a favour that they do for their clients.
Spider,
I'm not certain on your statement, but are you thinking duties. Like I said above, GST is charged on almost anything. General rule of thumb is that if you don't pay GST on it in the store when you buy it, they don't pay GST to bring it here. But almost all goods that are purchased from the US and have a certificate of origin stating they were made in the US come into Canada duty free as per NAFTA.
Johnzzz,
I would like to believe what you wish for in a grandfathered status (as it would be what is best for everyone in the province), but I can't hold my breath on the thought of McGuinty doing something that truly benefits the people.
