Specifically, the QST relief extends to certain food items, and to two specific hygiene products. Quebec announced in a new Information Bulletin that the new QST zero-rated measures will be effective as of July 15, 2026.
Quebec’s Information Bulletin also announced that Quebec will harmonize with certain federal measures including accelerated capital cost allowance (CCA) for eligible liquified natural gas (LNG) equipment facilities, as well making permanent the tax exemption for individuals (other than trusts) on up to $10 million in capital gains realized on the sale of a business to an employee ownership trust or worker cooperative corporation.
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