Canada plans incentives to ease housing burden - CBC - News Summed Up

Canada plans incentives to ease housing burden - CBC


FILE PHOTO: Houses are seen for sale and under construction in a neighbourhood of Ottawa(Reuters) - Canada's Housing Minister Sean Fraser is evaluating a wide range of options as he looks to ease the housing crisis in the country, CBC reported on Sunday. "There's a range (of incentives) that we're considering right now. Some could include potential tax incentives for builders to build. Some could include other low-cost financing arrangements," the report quoted Fraser as saying in an interview to CBC. Fraser is also considering removing the Goods and Services Tax (GST) on affordable housing projects and dedicating federal lands to rental housing, the report added.


Source: CBC News September 11, 2023 15:35 UTC



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