New Brunswick Is Poised to Get Biggest HST Credit

The Maritime provinces will soon have a uniform HST rate of 15 per cent, but a new HST credit offered by the New Brunswick government could make other Maritimers a little envious.

When New Brunswick’s first HST credits are sent out to residents in October, it will become the most generous province in the region in terms of putting some sales tax dollars back in the pockets of low-income residents.

P.E.I., meanwhile, offers the smallest credit for the lowest-income households, though its credit surpasses Nova Scotia’s for households earning above a certain income threshold (about $34,000 for a family of four).

The credits are included along with GST credits paid out by the federal government. Most households receive the payments in the form of quarterly cheques.