Canada screws Canadians agani!

WOW!So first they(ebay)gets rid of Paypal,so us Canadians are no longer on an even paying field(with the ridiculous exchange rates) with US funds.Now Canada Gov't making us pay sales taxes on used items!What next,women not allowed to vote,drive a car?The US supreme court's taking away the right to an abortion.**bleep** is wrong with America man?!Oh and ebay has screwing Canadians with the exchange rates also.Whatever the reverse rate that ebay gives is about 5 cents/dollar lower than the national rate! We are getting sometimes up to $20 less for a sale depending on the size of transaction!No wonder the owners of ebay are billionaires.It just seems the world is coming to an end folks!For the record you can only ring out so much poor ebayer blood from the financial rag ebay!

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Canada screws Canadians agani!

Please READ and UNDERSTAND this taxation applies to BUYERS!..the sales taxes are paid by the buyers!

AND this is not an eBay thing...this also applies to other large Marketplace facilitators such as Amazon, Etsy,etc... In reality, this is no different than the USA "internet sales taxation".

eBay Canada Limited (“eBay”) will be required to collect Canadian sales taxes (GST/HST/QST/PST) on applicable sales to Canada-based buyers.

Effective July 1, 2022, for all sales of tangible goods sold within Canada, eBay will be collecting the Canadian sales taxes (GST/HST/QST/ PST) from Canada-based buyers on behalf of Canada-based sellers (irrespective of registration status) and remitting the tax to the appropriate tax authorities.

For sellers not registered to collect tax with the CRA and provinces, there is no action necessary. You will begin to see sales taxes charged and collected by eBay on buyer purchases beginning in July.

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Canada screws Canadians agani!

ebay has screwing Canadians with the exchange rates also.Whatever the reverse rate that ebay gives is about 5 cents/dollar lower than the national rate!

There is no "national" rate for currency exchange.

Every bank, credit union, and foreign exchange center is free to set its own rate.

And the rates for buying and selling have always been different.

 

The rate on xe.com (for one) gives the Buy price for the US dollar as 77.9c and the sell rate as $1.28.

Those are the "mid-market" rates for banks buying and selling internationally in the millions. It changes from minute to minute.

Your bank branch uses a retail rate which their head office resets daily.

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