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March 10, 2022
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BC removes sales tax on heat pumps, increases it on fossil
fuel systems
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As of April 1, 2022 the province of British Columbia will increase the provincial sales tax (PST) from seven per cent to 12 per cent on fossil fuel combustion systems, while removing the PST from heat pumps. The PST rate increase applies to fossil fuel combustion systems that heat or cool indoor spaces or water. According to the province, that includes any system that may rely on, in all or in part, the combustion of coal, kerosene, heavy fuel oil, heating oil, natural gas or propane and is designed, in all or in part, for indoor use and includes: central forced air furnaces, unit heaters, fireplaces, boilers, storage water heaters, instantaneous water heaters
and air conditioners. It also includes any parts or components that are part of the system on the initial purchase of the system. Heat pumps will be exempt from PST.
Read more here.
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NEWS
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People on the move
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See who’s making news at Caleffi, Condair, Enviroair, Skilled Trades Ontario, Taylor Walraven, Canature, Trustek Sales, and Mestek Canada.
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Free Registration – courtesy of Mechanical Business
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CMPX is the show to source 100s of new products, demo the latest equipment, learn from industry experts, and be face-to-face with more than 500 exhibitors from the HVACR and plumbing industry. Join us at Metro Toronto Convention Centre March 23-25 and register for free at cmpxshow.com with code MECHBIZ10.
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Have more fun, make more money!
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Join Canada's leading HVAC Co-operative! We have everything you need to build your business and boost your bottom line. Our four pillars of membership - purchasing, marketing, training, and peer support - give you the business edge to stay competitive, while remaining local and independent. Come see us at the CMPX Show, Booth 1903.
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Dan Holohan Award goes to Taco VP
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Bob Barbour, vice president of sales operations North America at Taco Comfort Solutions, is the 2022 winner of the Dan Holohan Lifetime Contribution to Comfort Award.
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Zurn Water merges with Elkay Manufacturing
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Milwaukee, WI- based Zurn Water Solutions Corporation is merging with Downers Grove, IL-based Elkay Manufacturing Company. The combined company will be renamed as Zurn Elkay Water Solutions Corporation, and will be headquartered in Milwaukee.
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Evapco acquires Systèmes LMP, Canada
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Laval, QC-based Systèmes LMP, Canada has been acquired by Evapco, Inc., forming a strategic alliance to pursue growing market demand for environmentally sustainable refrigeration systems using natural refrigerants. The new company will be called Evapco Systems LMP, ULC.
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JOBSITE JARGON
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Chance to win a Kane 599 Wireless TRMS clamp meter!
Match the terminology you hear in the field to the correct definition or function by April 14, 2022 and enter for your chance to win a Kane 599 wireless TRMS clamp meter. In the event of a tie, the first entry in will be given the win, so don’t delay!
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CLICK HERE TO TRY YOUR LUCK
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