Close Menu
    Kanada

    Ontario plant, HST für ein Jahr in neuen Häusern zu entfernen


    Ontario plant, HST für ein Jahr in neuen Häusern zu entfernen

    https://www.cbc.ca/news/canada/toronto/ontario-remove-hst-new-homes-9.7141269

    View 20 Comments

    20 Kommentare

    2. donforgathowlon on

      So all I need now.. is a few hundred thousand dollars for a down payment on a million dollar average basic home, with a 50k salary and rent and groceries stopping me from saving literally anything.

      Thanks Doug and Carney for solving this housing crisis, I guess I’d better act fast in the 1 year time frame you’re helping us out.

    4. Organic_Hamster_2961 on

      Average home price in Ontario is only a little over $800,000. I think making a tax rebate for homes up to the average price would make sense if it was limited to one home per household. Applying the rebate on houses worth 1.5 million and a partial rebate for houses up to 1.8 million dollars with no limit on how many houses you can buy is just a gift for landlords. People who can afford multiple houses that are up to double the average cost aren’t the people who need tax cuts.

    6. tollfree01 on

      This is mostly to increase sales in the housing market. Does nothing to increase affordability for the middle and lower income groups. That’s still a 829k+ house, Ontario average, you need a down-payment for. Worst premier for the job.

    8. the_sound_of_a_cork on

      So another tax break for an investment vehicle? Add that to the principal residence exemption and it’s pretty clear this government is really just propping up a ponzi scheme.

    10. Tyrocious on

      Yeah cool let’s increase demand when supply has barely moved. Great move, way to go.

    11. Ok_Speech_3709 on

      Doesn’t seem fair to others that have had to pay HST in recent years!

    12. grumble11 on

      Huge discount on new homes. That is a really meaningful support for homebuilding. Economics still don’t work for buy to rent but for someone who wants to buy a place… this is like 100k off.

    13. Nearby-Poetry-5060 on

      Next they will drop the foreign buyer ban completely and introduce an incentive for them to hoard homes again. 

    14. iStayDemented on

      They should have removed development fees that make up 30% of the costs of construction instead.

    16. Ok-Yogurt-42 on

      Should be making it permanent, and on all construction.
      Goods that are necessary for the functioning and flourishing of society should not be disincentivized through taxes.

    18. luckofthecanuck on

      So the developers – who we know have access to lobby Ford via his daughter’s wedding and elsewhere – can charge the extra ~13% as the purchase price which they will pocket.

      The Ontario tax payer is on the hook to make up for lost tax revenue which is now in the builder’s pockets instead of the government’s coffers.

      Seems like the corrupt Ford family’s backroom deals are alive and well at the cost of the tax payer.

      Doug Ford tells PC campaign event about discussions to develop province’s greenbelt | Watch News Videos Online https://share.google/6IFt0M0OIw3wwF62H

    Leave A Reply