The Liberals tell us that the consumers will benefit from lower prices passed on from the HST windfall. Unless of course it’s the Liberal government who is the “business” which profits from higher prices:
“British Columbians won’t be getting a price break on their favourite libations this summer, even though the harmonized sales tax lowers the provincial sales tax on booze.
The provincial Liquor Distribution Branch is ensuring its revenues won’t decline by increasing its markup on wines and spirits to offset a three-percent reduction in the sales tax, said Gord Hall, the LDB’s corporate policy director. In other words, prices of wine, beer and spirits at provincial liquor stores will remain the same.” (see story here)