Skip to Main content

12.86°^C Vancouver

News Entertainment Sports Videos Shows Podcast Contact Us

Sep 21, 2023 5:57 PM - The Canadian Press

Freeland introduces bill to remove GST off rental developments

Share On

freeland-introduces-bill-to-remove-gst-off-rental-developments

The bill is also supposed to strengthen the Competition Bureau by giving it the power to compel information from companies to conduct studies, tighten up merger laws and go after collaborations that stifle competition.

Finance Minister Chrystia Freeland introduced legislation this morning that would remove GST charges from new rental developments and update the country's competition law.

Prime Minister Justin Trudeau promised the new legislation earlier this month to address the housing crisis and affordability crunch.

Experts have called on the federal government to remove GST charges off new purpose-built rentals to help spur construction of these kinds of homes.

The bill is also supposed to strengthen the Competition Bureau by giving it the power to compel information from companies to conduct studies, tighten up merger laws and go after collaborations that stifle competition.

The changes to the Competition Act follow a promise from the Liberals to review the law.

Freeland, along with several other cabinet ministers, are to hold a news conference this afternoon about the new legislation.

Latest news

carney-signals-controlled-increase-in-immigration

CanadaSep 29, 2026

Carney Signals Controlled Increase in Immigration

Prime Minister Mark Carney has signalled that Canada could begin a controlled increase in immigration after bringing the country’s immigration system back under control. In another part of an interview with a private broadcaster, Carney said the immigration system is now under control and that the next question is how to begin a controlled increase in the country’s population. His comments come exactly one month before the government is expected to announce its immigration targets for the next three years. The previous three federal immigration plans focused on reducing the number of newco

calgary-chamber-warns-of-economic-fallout-from-alberta-split

AlbertaSep 29, 2026

Calgary Chamber Warns of Economic Fallout From Alberta Split

A report commissioned by the Calgary Chamber of Commerce warns of significant economic consequences if Alberta were to separate from Canada. The study, led by University of Calgary economist Trevor Tombe, estimates that trade costs could increase by 5% to 8%, potentially resulting in 44,000 to 69,000 fewer jobs in Calgary compared with remaining in Canada. The report notes that Alberta is Canada’s most trade-exposed jurisdiction, making the province particularly vulnerable to higher trade costs. The report comes three weeks before Albertans vote on 10 referendum questions, including one on

CanadaSep 29, 2026

RCMP Charges 16 in Major Quebec Cocaine Trafficking Investigation

The RCMP in Quebec has charged 16 people following an investigation into a major cocaine trafficking network allegedly operating in the province. Police said the operation, known as Project Chrome, began in 2022 with significant assistance from the Canada Revenue Agency. Investigators allege the organization operated an illegal gaming house in Montreal and used proceeds from drug trafficking to renovate properties linked to the group and launder money. During searches, police seized 14 kilograms of cocaine, more than $145,000 in cash and assets valued at over $9 million. According to details r

Langley Shooting Leaves One Person Injured, Police Investigating

Langley RCMP are investigating a shooting in which one person was injured in the Brookswood area. Police said the incident occurred early Monday morning in the 3000-block of 205 Street. Langley RCMP officers and BC Emergency Health Services personnel responded shortly after receiving reports of gunfire and transported the injured person to hospital. According to Sgt. Zanel Sharoum, investigators believe the shooting was a targeted incident based on preliminary findings. Police are speaking with witnesses and reviewing CCTV footage as part of the investigation. The victim's identity has not bee

b-c-conservatives-accuse-eby-of-breaking-1-000-grocery-rebate-promise

B.C. Conservatives Accuse Eby of Breaking $1,000 Grocery Rebate Promise

The B.C. Conservatives have launched an attack on the B.C. NDP and Leader David Eby during the provincial election campaign, accusing them of breaking election promises and pursuing failed economic policies. The Conservatives claim that exactly two years ago, the B.C. NDP promised to provide every family in British Columbia with a $1,000 grocery rebate but abandoned the commitment after winning the election. B.C. Conservative Leader Lorne Doerkson questioned how voters could trust the NDP after the alleged broken promise, arguing that the province needs a change in government. Doerkson also cr

Related News

Carney Signals Controlled Increase in Immigration

Carney Signals Controlled Increase in Immigration

Prime Minister Mark Carney has signalled that Canada could begin a controlled increase in immigration after bringing the country’s immigration system back under control. In another part of an interview with a private broadcaster, Carney said the immigration system is now under control and that the next question is how to begin a controlled increase in the country’s population. His comments come exactly one month before the government is expected to announce its immigration targets for the next three years. The previous three federal immigration plans focused on reducing the number of newco

RCMP Charges 16 in Major Quebec Cocaine Trafficking Investigation

RCMP Charges 16 in Major Quebec Cocaine Trafficking Investigation

The RCMP in Quebec has charged 16 people following an investigation into a major cocaine trafficking network allegedly operating in the province. Police said the operation, known as Project Chrome, began in 2022 with significant assistance from the Canada Revenue Agency. Investigators allege the organization operated an illegal gaming house in Montreal and used proceeds from drug trafficking to renovate properties linked to the group and launder money. During searches, police seized 14 kilograms of cocaine, more than $145,000 in cash and assets valued at over $9 million. According to details r

Canada Extends Ebola Travel Restrictions for 60 Days

Canada Extends Ebola Travel Restrictions for 60 Days

The Canadian government has extended travel and immigration restrictions linked to the Ebola outbreak in Africa for another 60 days, until November 27, 2026. The measures apply to travellers and citizens from Uganda, South Sudan and the Democratic Republic of Congo (DRC). Visa processing and travel documents for affected applicants will remain suspended. Under the restrictions, foreign nationals who have been in the DRC within the previous 21 days will not be allowed to board flights to Canada. Travellers arriving from Uganda and South Sudan must undergo a mandatory 21-day quarantine after arr

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

Broadcasting Notice of Consultation

BC Children's Hospital