GST Rental Construction Rebate Plan Expansion to Include Student Housing, Freeland Says

Finance Minister Chrystia Freeland is promising that post-secondary students will soon be able to benefit from the government’s goods and service tax (GST) rebate on new rental construction through a planned expansion of the billion-dollar-a-year program to include student housing. While the details of the expansion are still scant, Ms. Freeland promised that the Budget 2024 would reveal more of the government’s plan targeting housing issues facing the younger generation. “We are announcing real, tangible, carefully thought-through measures that are going to help more younger Canadians get those first keys of their own,” Ms. Freeland said at a recent press conference at the College of Carpenters and Allied Trades in Vaughan....