News

Feds to drop the GST from construction of rental housing

The announcement is set to be made by Prime Minister Justin Trudeau this afternoon at the final day of the Liberal caucus retreat in London, Ont.

Published Sep 14, 2023 at 7:12pm

By
Davis Legree and Marco Vigliotti
Feds to drop the GST from construction of rental housing
Prime Minister Justin Trudeau visits the construction site of an affordable housing project in London, Ont. on Wednesday, September 13, 2023. (Nicole Osborne/The Canadian Press)

The federal government is removing the GST on the construction of rental housing in Canada, according to a senior government source.

The Globe and Mail first reported the announcement — set to be made by Prime Minister Justin Trudeau this afternoon at the final day of the Liberal caucus retreat in London, Ont.

The government source said the idea is to lower costs that would otherwise act as barriers to new rental construction.

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