Feds Won’t Release Research Verifying Claims GST Holiday for Builders Will Lower Rents
Published on December 1, 2023
Finance Minister Chrystia Freeland will not release federal research justifying cabinet claims that a GST holiday for builders will lower rents, calling the documents confidential. Cabinet introduced Bill C-56 back in September to enact a GST holiday on “purpose-built rental housing” constructed by 2036. The cost, according to the Department of Finance, would be $4.6 billion over five years. According to Blacklock’s Reporter, Bloc Québécois MP Gabriel Ste-Marie asked in an Inquiry of Ministry for access to studies as well as the “source of documents that led the minister of finance to conclude that removing the GST would lower the cost of housing.”...