Ontario Trucking Association Chief Address
Queen’s Park Media Event on Benefits of HST
(Toronto, ON) – David Bradley, president of the
Ontario Trucking Association (OTA) was one of the speakers today at a
Queen’s Park press conference by the Smart Tax Alliance, a
coalition of business groups including the Ontario and Canadian Chambers
of Commerce, the Canadian Council of Chief Executives, the Canadian
Manufacturers and Exporters of Ontario and others. The harmonization of
the provincial sales tax and the federal goods and services tax is set
to come into being on July 1st. OTA has been an advocate of sales tax
reform for more than a decade, which was reflected in Bradley’s
remarks today:
“The Ontario Trucking Association, which
represents over a thousand Ontario-based trucking entities, welcomes the
harmonization of provincial sales taxes on business inputs in our
industry with the federal GST. It’s good for the trucking
industry; it’s good for the competitiveness of Ontario goods that
move by truck – and that’s most of what is produced in the
province – and its good tax policy. Outdated and non-uniformly
applied taxes on business inputs distort marketplaces and investment
decisions by the people and companies who create jobs.
Ontario is one of the largest and most attractive
freight markets in North America. In a deregulated, free market freight
that moves into, out of and within Ontario doesn’t have to be
transported by trucking companies from Ontario. Truckers from anywhere
on the continent can do the job. All Ontario trucking companies want is
a level playing. For too long Ontario trucking companies have had to
compete with carriers from jurisdictions that either already have
harmonized sales taxes – such as Quebec and the Maritime provinces
– or those that exempt trucking equipment from sales tax, such as
Michigan, or Alberta which has no sales tax at all.
This made it difficult for Ontario trucking companies
to compete on a pure cost basis. A study we had conducted for us a few
years back by the Rotman School of Business estimated that in terms of
the marginal effective tax rate on capital, Ontario-based trucking firms
were at a staggering 31 per cent tax disadvantage compared to trucking
fleets based in Michigan, Ohio and New York. A significant contributor
to that was the PST system.
The current system has also has been a drag on
investment in new, more productive, safer and more
environmentally-benign equipment and technology. Few Ontario economy
industries have borne such a burden in terms of the taxation of business
inputs as trucking has. Even our maintenance and repair labour costs
were subject to the PST.
Moreover, Ontario trucking companies have been in the
unenviable situation of being the only industry in the province to have
to administer three input tax systems: the PST, the GST and something
called the multi-jurisdictional vehicle tax (or MJVT) which morphed out
of the PST back in the 1990’s. Not only was this an enormous
administrative burden for trucking companies but it was no doubt
extremely difficult for the Ministry of Revenue to administer and
audit.
The HST is not a hand-out to business. As I said
earlier it is sound tax policy. It is the modernization of the sales tax
system for business based on progressive, international tax norms. In
trucking we still pay our fair share of taxes even on business inputs.
There are still excise taxes on diesel fuel, various payroll taxes, and
fees for licences and permits.
There will be some initial adjustment for everyone. I
believe the government has taken the appropriate steps to minimize those
affects on the public, through the income tax system and various
exemptions. Business too will have to change its systems and some tax
previously paid – for such as vehicle permit renewals – will
not be refunded. But, we need to keep our eye on the ball. What Ontario
needs today are competitive businesses that will create and retain jobs
at home. The HST is a key initiative in that regard.”