Friday, November 9, 2007

Bike Incentives in Ontario - Tax Free

Bikes And Helmets PST-Free As Of December 1st

t may not be as free wheeling as you'd like, but it's a start - the provincial government is giving cyclists a gift that may just allow them to afford a better bike. Beginning December 1st, the provincial sales tax is being removed from all bicycles, bike helmets and bike related safety equipment sold in Ontario, in an effort to encourage people to get more active.

The tax axe falls on two wheelers that sell for under $1,000. It won't come as any surprise that those who pedal the conveyances for a living are welcoming the idea. Most believe it will be good for business, and even though the cold has terminated the riding season for some, the levy severing comes just in time for Christmas.

The McGuinty government explains the move as being a proactive idea to get more people out of their cars and onto their bikes, potentially taking a large number of cars off the road. That might work better in the summer than in the coming months - Ontario's winter climate isn't exactly conducive to a long bike ride into work in the snow, slush, ice, wind and rain.

Source: CityNews.ca

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