Every province except Alberta has implemented either a provincial sales tax or the Harmonized Sales Tax. The federal GST rate is 5 percent, effective January 1, 2008. The territories of Yukon, Northwest Territories, and Nunavut have no territorial sales taxes, so only the GST is collected.
HSA Rules: a number of rules and regulations are set for health savings accounts you should be aware of. A Health Savings Account or HSA is a medical savings account that is personally owned and managed by the individual.
You own your HSA. You control what happens to the funds in it. You may even invest the funds held within your HSA in investments allowed by your HSA custodian. Given that your HRA is an arrangement rather than an account, when you have an HRA, you donât really own a tangible asset as you do with an HSA.