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.
Rating Newest Oldest. Best Answer: An HSA is a health savings account. You can put pre-tax dollars away and use them for medical expenses your insurance does not cover. Usually you pay the expense, submit the claim and proof of payment, and get reimbursed from the account. There are limits to what you can use the money for and how much you can set aside each year.