Scoffs & Scuffs

Noon - 3:00pm

Now Playing: Ben Bellows - Reel Medley: Roddy Mclury Old Polina Mussells In The Corner

    Provincial government wants a removal of all tax related to new rental housing builds

    Friday, 15 September 2023 12:00

    By Tonya Organ

    Deputy Premier and Finance Minister Siobhan Coady has written to federal Finance Minister Chrystia Freeland and Housing Minister Sean Fraser. Coady asked for the removal of the Harmonized Sales Tax, which includes federal and provincial taxes.

    The provincial government wants to see the removal of federal and provincial tax on new rental housing builds in Canada to help alleviate the current housing crisis. Deputy Premier and Finance Minister Siobhan Coady has written to federal Finance Minister Chrystia Freeland and Housing Minister Sean Fraser. Coady asked for the removal of the Harmonized Sales Tax, which includes federal and provincial taxes. Budget 2023 announced a new, three-year, $70 million Affordable Rental Housing Program to build over 850 new rental homes, which was launched in June.

     

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                      

    Today's Weather

    • Corner Brook

      Heavy Rain

      High: 18°C | Low: 16°C

    Recently Played