Renos, new builds to cost more as Sask. PST expands
Those pricey home renovations are about to get a little more expensive and that stands to negatively impact Saskatchewan’s construction sector along with those paying for the work.
Starting April 1, the provincial sales tax (PST) will be expanded to construction services. That means things like renovations to homes or businesses, even new builds, will carry an additional six per cent tax.
The move is coming at an unfortunate time for Ben Stadnyk, owner of Budget Builders, which specialize in installing and repairing doors and windows.
“We’re really trying hard right now, not just me, everyone else in the construction industry is really putting their nose to the grindstone and trying to turn some profits and try to keep the doors open,” he said.