The mood in B.C.’s auto industry has soured in the wake of the NDP government doubling the surtax on luxury cars in its 2018 budget.
Starting April 1, PST will go up from 10 per cent to 20 per cent on vehicles priced between $125,000 and $149,000.
Buyers shelling out more than $150,000 for a vehicle will pay 20 per cent in GST, also up from 10 per cent.
A person buying a $300,000 vehicle would pay $75,000 in taxes, including the 5-per-cent