9.2°C Vancouver

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

BCJan 13, 2026

School bus crash in western Manitoba sends several children to hospital

Several children were taken to hospital after a school bus left a highway in western Manitoba on Tuesday morning, according to RCMP. Police say the bus rolled off the road south of Mafeking, near the community of Swan River, roughly 550 kilometres northwest of Winnipeg. Emergency crews responded to the scene shortly after the crash was reported. RCMP confirmed that four people on board the bus suffered significant but non-life-threatening injuries and were transported to hospital for treatment. Other passengers were assessed at the scene and were also taken to hospital as a precaution. The cau
statistics-canada-plans-workforce-reduction-affecting-about-850-employees
CanadaJan 13, 2026

Statistics Canada plans workforce reduction affecting about 850 employees

Statistics Canada says it will cut approximately 850 positions as part of a broader effort to adjust its operations, along with a reduction of about 12 per cent of its executive team. Carter Mann, a spokesperson for the national statistical agency, said affected employees are expected to be notified within the next two weeks. He added that the agency remains focused on meeting its mandate to provide reliable data for Canadians while adapting to internal changes. According to data from the Treasury Board of Canada Secretariat, Statistics Canada employed 7,274 people as of March 31, 2025. Of tha
BCJan 13, 2026

Lake Country RCMP arrest two suspects in break and enter investigation linked to Kelowna

Lake Country RCMP say two men have been arrested following an early morning break and enter that investigators believe is connected to a series of similar crimes targeting businesses in Kelowna. Police were called to a business in the 11,000 block of Oceola Road around 3:00 a.m. Sunday after receiving a report of a break and enter in progress. Officers contained the area and arrested two male suspects as they exited the building carrying tools commonly associated with break and enter offences. RCMP say a search of the suspects uncovered identifiable property and Canadian currency believed to b
atmospheric-river-soaks-b-c-south-coast-as-rainfall-tops-200-millimetres-in-some-areas
BCJan 13, 2026

Atmospheric river soaks B.C. south coast as rainfall tops 200 millimetres in some areas

Communities across British Columbia’s south coast and Vancouver Island have been hit with intense rainfall over the past three days as an atmospheric river moved through the region, prompting evacuation orders, alerts and ongoing flood warnings. Environment Canada says several areas recorded more than 100 millimetres of rain between Saturday and Monday, with the Kennedy Lake Forestry Station on Vancouver Island measuring nearly 286 millimetres during the period. On the mainland, Port Mellon reported 204 millimetres, while Ucluelet recorded 168 millimetres and Squamish received 132 millimetre
teen-critically-injured-in-richmond-hit-and-run-as-police-seek-suspect-vehicle
BCJan 13, 2026

Teen critically injured in Richmond hit-and-run as police seek suspect vehicle

A 17-year-old boy remains in critical condition after being struck by a vehicle that fled the scene late Saturday night in Richmond, according to RCMP. Police say officers were called just after 11:25 p.m. to reports of a disturbance in the 4200 block of No. 3 Road. When they arrived, they found the teenager unconscious and suffering serious injuries. He was taken to hospital by paramedics, where he continues to receive life-saving care. Investigators believe the collision followed an altercation near the roadway. The incident has prompted a parallel investigation into an alleged assault causi

Related News