Ottawa to remove GST on new rental housing, ask grocers to stabilize prices: PM
BNN Bloomberg
Prime Minister Justin Trudeau says the federal government will remove GST on construction of new rental apartment buildings — a promise the Liberals first made in the election that brought them to power nearly eight years ago.
He also says he will be encouraging provinces to do the same.
The measure, which would lower the cost of labour and materials for homebuilders, is one of several affordability measures Trudeau is announcing at the end of the Liberal caucus retreat in London, Ont.,
He says Industry Minister François-Philippe Champagne will be asking grocery companies to come up with a plan by Thanksgiving to stabilize food prices in Canada.
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