Government taxes and fees are a major contributor to high house prices, making up as much as 31 percent of the sale price of a home in some regions. And while most of these taxes come at the municipal level, GST (and in some provinces, HST) is also charged. One of the ways the Federal…
Tag: federal government role in housing
Post Election: Next Steps for Housing in Canada
When looking at the results, Canadians may assume that not much changed between the 2019 and 2021 federal elections. But when it comes to housing issues, a lot did change. Housing was top of mind for voters and political parties with unprecedented urgency, and was covered extensively in the media. One of the biggest…