17.88°C Vancouver

Sep 14, 2023 5:27 PM - Connect News

Federal government may remove GST on construction of new rental apartments

Share On
federal-government-may-remove-gst-on-construction-of-new-rental-apartments
The announcement could be made today by Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland at the federal Liberals' ongoing caucus retreat.

The federal Liberal government is planning to remove GST on materials and labor costs used to build new rental housing.

This information was given by a senior government official on condition of anonymity.

The announcement could be made today by Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland at the federal Liberals' ongoing caucus retreat.

Recent polls have seen a decline in support for the federal Liberal Party, with Liberal MPs strategizing for the fall session of parliament that begins next week.

Many of the party's 158 MPs have arrived to take part in the Liberal Party's ongoing three-day retreat in London, Ontario.

Prime Minister Justin Trudeau says he wants to know from these MPs what they want.

Halifax MP Andy Fillmore says so far most of the conversation has focused on increasing capacity.

Apart from this, the issue of climate change was also discussed in yesterday's meeting.

Two more National Caucus meetings are planned for today.

The NDP, which had been demanding removal of the federal portion of GST from new rental properties, welcomed the move.

Latest news

canadas-inflation-rate-rises-to-3-per-cent-in-july
CanadaAug 17, 2026

Canada’s inflation rate rises to 3 per cent in July

Canada’s annual inflation rate rose to 3 per cent in July, up from 2.8 per cent in June, according to Statistics Canada. The agency said the increase was driven largely by higher gasoline prices. Gasoline prices were 26 per cent higher in July than a year earlier, compared with a 21 per cent annual increase in June. Excluding gasoline prices, consumer inflation was 2.2 per cent in July, Statistics Canada reported. Grocery price growth also slowed, with food purchased from grocery stores rising 3.1 per cent year over year, down from 3.9 per cent in June. Despite the slowdown, Statistics Canad
BCAug 17, 2026

Two homes damaged by fire in Port Coquitlam, about 12 people displaced

About 12 people were displaced after a fire damaged two adjoining homes on the 1900 block of Langan Avenue in Port Coquitlam on Sunday morning. Port Coquitlam Fire and Emergency Services sent more than 20 firefighters and an aerial ladder truck to the scene. Deputy Fire Chief Jason Marshall said crews arrived at about 10 a.m. to find both homes involved in the fire. One firefighter was injured while crews worked to contain the blaze. According to officials, the firefighter was treated at the scene before being taken to hospital. The injuries were not considered life-threatening. Both homes sus
CanadaAug 17, 2026

Woman dies after entering Lake Ontario at Mississauga park

A woman has died after being swept into Lake Ontario at Jack Darling Memorial Park in Mississauga on Saturday night. According to Peel Regional Police, the incident happened at about 10:30 p.m. The woman was near the lake when she entered the water. Police have not confirmed the circumstances that led to her going into the lake. Emergency crews launched a search operation after the incident was reported. Police said the woman was pulled from the water at about 11:15 p.m., roughly 45 minutes after the search began. Paramedics took her to hospital in critical condition, where she later died desp
CanadaAug 17, 2026

Canada-U.S. trade talks enter critical stage as tariff differences remain

Canada and the United States have entered a critical stage in trade negotiations this week as Ottawa works to avoid new 50 per cent tariffs proposed by U.S. President Donald Trump. Canada-U.S. Trade Minister Dominic LeBlanc held a virtual meeting over the weekend with U.S. Trade Representative Jamieson Greer. Canada’s chief trade negotiator, Jannis Charette, also took part. LeBlanc remained in Washington on Monday, although no additional meetings were scheduled. According to sources, negotiations remain stalled over tariffs on lumber and automobiles. U.S. negotiators have refused to reduce t
peter-milobar-announces-departure-from-b-c-conservative-caucus
BCAug 14, 2026

Peter Milobar Announces Departure from B.C. Conservative Caucus

Senior B.C. Conservative MLA Peter Milobar has formally announced that he is leaving the party caucus, effective immediately. He will now sit as an independent MLA for Kamloops Centre in the B.C. legislature. Milobar said that over the past several months, it had become increasingly clear to him that his personal values no longer aligned with the party’s new direction under Leader Kami-Leon Findlay. He said he fully respects Findlay’s right to shape the party according to her vision, but stressed that his top priority remains serving the people of Kamloops Centre, a commitment that has not

Related News