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Justin Trudeau to remove sales tax on new rental housing, sources say
The source said the goal of the policy is to make it cheaper to build new rental units and avoid subsidizing construction of luxury condos.
www.thestar.com
OTTAWA—Under pressure to more aggressively tackle Canada’s housing crunch, Prime Minister Justin Trudeau will announce Thursday that his government is removing federal sales tax from the construction of new rental apartment buildings for the next seven years, according to a senior government source.
The source, who agreed to share the news on condition they aren’t named, said the goal of the policy is to make it cheaper to build new rental units and avoid subsidizing construction of luxury condos. To do so, the federal government will remove sales tax from construction of new apartment buildings constructed for renters until 2030, in a bid to help boost the supply of affordable units.
这个政策好