Ottawa – The Government of Canada is continuing to deliver its economic plan by today launching consultations to advance major economic investment tax credits and create good jobs, crack down on short term rentals and make housing more affordable, and ensure the fairness of Canada’s tax system. Delivering Major Investment Tax Credits As detailed in the 2023 Fall Economic Statement, the …
Ottawa – Building the homes that Canada needs will require a great national effort—and it is an effort that the federal government is leading, bringing together provincial, territorial, and municipal governments, in partnership with home builders, financiers, community housing providers, post-secondary institutions, and Indigenous organizations and governments, to meet this great generational challenge. Federal investments are already jumpstarting housing construction …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, introduced Bill C-56, the Affordable Housing and Groceries Act, the first piece of government legislation introduced in the fall parliamentary sitting. This legislation would deliver urgent action to help make life more affordable for Canadians by removing the GST on new rental housing construction across the country. This legislation would …
