The more reason to purchase electric! Vehicles eligible for the exemption include: battery electric vehicles, hydrogen fuel cell vehicles, and plug-in hybrid electric vehicles. Though, some exclusions apply…
Did you know a property owner's insurance policy will not cover damages to a tenant's belongings, personal safety or other financial considerations. Instead, renters would need a tenant insurance policy to get compensated for damages caused by an accident or catastrophe at their residence. Learn more about Tenant Insurance here.
Starting October 1, at the time of registration when Brokers collect the PST, you will need to pay tax on fair market value. This means, if you bought a vehicle for $500 and it's valued at $1200 you'll need an appraisal to prove why, otherwise you'll pay 12% tax on $1200.