Do the price of the Iphone5($699) include Tax?

In Toronto how much will I pay for the IPhone 5 of 16Gb? Do the price of $699 include Tax? If I would afford the Tax,how much?

The base cost of the phone, plus tax.  Then add it whatever the carrier costs are.  And maybe insurance, surtaxes, etc.  Basically it's hard to say, but figure $850 or so.

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