For the last several months, the global economy has been, and at
the time of writing remains, disrupted by the rapid spread of the
COVID-19 pandemic. A very large number of businesses operating in
various sectors of activity have taken drastic measures in order to
survive this crisis.
Many relief measures have been implemented by various levels of
governments in Canada to stabilize the Canadian economy during
these difficult times. The purpose of this publication is not to
present these various programs, the details of which can be found
here, but rather to provide an overview of
some of the relief and opportunities existing under the goods and
services tax/harmonized sales tax
("GST/HST") and provincial sales tax
("PST") regimes for the current
circumstances. Taking into account such potential relief, we
strongly encourage registrants to carefully review their sales tax
process and the implications on their transactions to maximize cash
flow and input tax
