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CHBA encouraged by Conservative Party Proposal on Removing GST on New Homes
Today’s announcement by the Conservative Party of Canada to remove GST on new homes with a purchase price under $1 million will make a big difference if enacted, especially for first-time buyers.
CHBA has been advocating for years with all major parties for a change to GST thresholds and is encouraged that this policy addresses what has been a major contributor to affordability challenges when buying a home.