Ottawa tell Maritime provinces they must repay HST revenues after overpayments
HALIFAX — Ottawa has told the Maritime provinces they will have to pay back hefty HST revenues after overpayments in recent years.
New Brunswick, Nova Scotia and P.E.I. said Thursday the federal government told them their cut of harmonized sales tax revenue will drop this year to make up for previous overpayments.
Nova Scotia Finance Minister Randy Delorey said Thursday his province’s share was less than $100 million.
“We’ll take a hit from the prior years in this fiscal year,” said Delorey, who confirmed that he was told last month of the adjustment.