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.
Any otherwise unreimbursed expenses as defined under 213(d) of the Internal Revenue Code, except amounts distributed to pay health insurance premiums*, are eligible. People older than age 65 can use HSA funds to pay for nonqualified expenses, but they must report the disbursements as taxable income.