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Canada housing costs and tax reform impact on ownership
The speaker highlights rising lumber and transport costs, and a federal eleven percent building tax. They urge elimination or reduction of the tax to lower housing costs, promote private home ownership via CMHC financing, and favor land and construction cost relief over expanded public housing. The aim is to make ownership affordable for Canadians.
MENTIONED IN THIS ARTICLE
N.D.P
Canada
Central Mortgage and Housing Corporation
C.M.H. C
C.M.H.C
C.M. H.C
Crown Corporation