Providers of health care services and providers of financial services to Canadian residents do not charge GST on their sales.

Question

Quizplus · Accepted Answer

This is because health care services (such as doctor visits and hospital stays) are considered exempt supplies under the Excise Tax Act, and financial services (such as banking and insurance) are zero-rated supplies. Both exemptions and zero-rated supplies are not subject to GST.

Providers of Health Care Services and Providers of Financial Services