OTTAWA — The federal Liberals intend to introduce legislation soon that would eliminate the GST from new rental housing construction and backdate the change to mid-September regardless of when it becomes law, Housing Minister Sean Fraser said Monday.
The bill would also reflect Prime Minister Justin Trudeau's promise to extend the deadline by one year for small businesses to repay COVID-19 emergency loans, and update federal competition law to better prevent mergers that would result in higher prices for Canadian consumers.
"We will not let self-serving partisan obstruction stand in the way of getting results for Canadians," House Leader Karina Gould said outside the House of Commons Monday morning. NIMBY stands for"not in my backyard," a term applied when local residents or businesses oppose new types of development in their neighbourhoods.
"Work doesn't pay, housing costs have doubled, rent has doubled, the needed mortgage payment and down payment for a home have doubled." "That's something I had been thinking on, and credit where credit is due," Fraser said, giving a nod to Conservative MP Scott Aitchison for the idea.But then he trashed the rest of the Tories' plan.
"They're explicitly leaving out most homes that will be put up for middle-class Canadians," said Fraser.
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Liberals, Tories compete on housing policy as MPs return to Ottawa after summer breakOTTAWA — The federal Liberals intend to introduce legislation soon that would eliminate the GST from new rental housing construction and backdate the change to mid-September regardless of when it becomes law, Housing Minister Sean Fraser said Monday.
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Liberals, Tories compete on housing policy as MPs return to Ottawa after summer breakOTTAWA — The federal Liberals intend to introduce legislation soon that would eliminate the GST from new rental housing construction and backdate the change to mid-September regardless of when it becomes law, Housing Minister Sean Fraser said Monday.
Read more »
Housing, food prices top of mind as MPs return to Ottawa following summer breakOTTAWA — MPs are returning to the House of Commons today determined to find relief for Canadians feeling the pinch of inflation.
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Housing, food prices top of mind as MPs return to Ottawa following summer breakOTTAWA — MPs are returning to the House of Commons today determined to find relief for Canadians feeling the pinch of inflation.
Read more »
Housing, food prices top of mind as MPs return to Ottawa following summer breakOTTAWA — MPs are returning to the House of Commons today determined to find relief for Canadians feeling the pinch of inflation.
Read more »
Housing, food prices top of mind as MPs return to Ottawa following summer breakOTTAWA — MPs are returning to the House of Commons today determined to find relief for Canadians feeling the pinch of inflation.
Read more »