Liberal leadership candidate Chrystia Freeland is set to announce a cut to the GST for first-time homebuyers if she becomes the next prime minister, according to a source close to the former finance minister’s campaign.
EXCLUSIVE: Freeland will eliminate GST on new homes for young Canadians if she forms government: sourceLiberal MP Chrystia Freeland answers questions from journalists in the West Block on Parliament Hill in Ottawa, on Thursday, Jan. 23, 2025. THE CANADIAN PRESS/Justin Tang
Freeland’s proposed GST relief would apply to homes worth up to $1.5 million and could save young Canadians as much as $75,000 on the purchase of their first home, the source told CTV News. Gould’s plan includes expanding on the First-Time Home Buyer Incentive , which was discontinued in March of 2024.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Freeland Enters Liberal Leadership Race, Vows to 'Fight for Canadians'Chrystia Freeland, former deputy prime minister and finance minister of Canada, has announced her candidacy for the leadership of the Liberal Party of Canada. Freeland, known for her tough negotiating skills, highlights her experience in securing the Canada-United States-Mexico Agreement (CUSMA) during the Trump administration. She positions herself as a strong defender of Canada against threats from former President Trump and current Conservative Leader Pierre Poilievre.
Read more »
Chrystia Freeland says Pierre Poilievre will 'sell' Canada out to Donald TrumpFormer finance minister Chrystia Freeland is billing herself as the best person to lead Canada’s fight against Donald Trump.
Read more »
Freeland Vows to Defend Canada Against Trump in Liberal Leadership RaceChrystia Freeland launches her campaign to replace Justin Trudeau as Liberal leader, emphasizing her experience in dealing with Donald Trump and positioning herself as the best candidate to protect Canada's interests.
Read more »
Carney Leads Freeland in Village Media Online Poll for Liberal LeadershipA Village Media online poll with over 29,000 participants shows Mark Carney slightly ahead of Chrystia Freeland in the race for the federal Liberal leadership. The poll, taken before several other potential candidates dropped out, reveals interesting insights into voter preferences based on gender, political affiliations, and age.
Read more »
Freeland casts herself as Canada's Trump fighter in campaign adChrystia Freeland, former finance minister, launched her Liberal leadership campaign with an ad accusing Conservative leader Pierre Poilievre of being soft on Donald Trump. Freeland highlights her experience negotiating with Trump on NAFTA and her ability to stand up to him.
Read more »
Chrystia Freeland says Pierre Poilievre will 'sell' Canada out to Donald TrumpOTTAWA — Former finance minister Chrystia Freeland is billing herself as the best person to lead Canada's fight against Donald Trump.
Read more »