I'm glad they came to their senses. May as well go the next reasonable step then, and lower the HST to 12% or perhaps even 12.5%. They can keep their up front lump sum bribe.
That would be worse. 5%+2%=7%. You want them to drop HST to 12% and not give any credits back? Currently you get part of the GST partial rebates so you don't pay the full 5%. I wonder if they will take that into account even.
Would kind of suck if we only get the 75% PST credit and no GST partial rebates. At 12% HST and no rebate would kill.