Canada's Move to Waive GST on New Rental Construction: A Game-Changer for Housing Affordability

In response to the critical need for affordable housing solutions, the Canadian government has recently made a significant decision to remove the Goods and Services Tax (GST) on new rental construction. Ravi Kahlon, Minister of Housing, has hailed this move as a crucial step in the direction of improving housing affordability. In a statement released by the Minister, he expressed his appreciation for the federal government's response to British Columbia's call to action for the removal of GST on purpose-built rental construction.