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Three Ways to Save Under the Federal Budget

Thursday, 21 March 2013 at 11:17

A few ways the federal budget might affect your bottom line: 1. If you play sports, equipment might be cheaper. The government is eliminating the tariff on imported sports equipment. That could save you anywhere from 2.5 per cent to 20 per cent of the cost of golf clubs, snowboards, hockey equipment and exercise devices. Provided, of course, the retailer passes those cost savings on to you. 2. If you're a new parent, baby clothes might be cheaper. That same tariff reduction could also see a reduction of 18 per cent off the price of imported baby clothes. 3. If you require or use home care services, you'll save money. The government is broadening its GST/HST exemption to include homemaker services like bathing, feeding and other personal care. A potential boon for people with disabilities and families caring for aging parents.

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