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Axe the sales tax on homes
October 31, 2024 · 0 Comments
Dear Editor,
Housing costs have doubled after nine years of Justin Trudeau, rising faster than in any country in the G7. The cost of a mortgage payment and a downpayment have doubled. Before Trudeau, it took 25 years to pay off a mortgage; now it takes 25 years to save up for a downpayment.
Eight in 10 Canadians now believe owning a home is only for the rich. This is Justin Trudeau’s legacy.
There is hope. Pierre Poilievre just announced that a Conservative government will axe the GST on new homes sold for under $1 million. This tax cut will save $40,000 or $2,200/year in mortgage payments on an $800,000 house. It will build 30,000 extra homes every year.
A Poilievre Conservative government will fund this homebuyers’ tax cut by eliminating billions of bureaucratic programs that failed to build a single home.
Common Sense Conservatives will restore the promise for Canadians that hard work earns a powerful paycheque which buys affordable food and homes in safe neighbourhoods.
Kyle Seeback, M.P.
Dufferin-Caledon
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