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.
An HSA is only an option if you have a high-deductible health plan, and you do not have any other form of coverage that provides complete coverage for health expenses without a copayment or deductible. The deductible requirements for 2012 are a minimum of $1,200 for an individual plan and $2,400 for a family plan.