Canada announces GST Rebate to incentivize construction of rental homes


Enhanced GST Rental Rebate to build more apartments for renters On September 14, 2023, the Prime Minister announced that the government will introduce legislation to enhance the Goods and Services Tax (GST) Rental Rebate on new purpose-built rental housing, to incentivize construction of much-needed rental homes for Canadians. To build more rental housing, the removal of GST will apply to new purpose-built rental housing, such as apartment buildings, student housing, and senior residences built specifically for long-term rental accommodation. This enhancement increases the GST Rental Rebate from 36 per cent to 100 per cent and removes the existing GST [...]

Canada announces GST Rebate to incentivize construction of rental homes2023-09-15T14:26:41+00:00

Building more homes in Hamilton


Feds give Hamilton $45M to build and fix 214 rental units The Government of Canada is taking real and urgent action to make housing more affordable for Canadians. For students who rent, families who own, and young couples looking to buy their first home, finding an affordable place to live has become increasingly difficult. Prime Minister, Justin Trudeau, and Mayor of Hamilton, Andrea Horwath, announced a joint investment of nearly $64 million from the Government of Canada and the City of Hamilton to build and repair 214 homes for families in Hamilton, Ontario. This announcement builds on the 7,255 [...]

Building more homes in Hamilton2023-08-02T14:11:51+00:00
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