NAIOP CANADA APPLAUDS THE REMOVAL OF GST/HST ON PURPOSE-BUILT RENTALS

(Toronto, ON) – NAIOP Canada applauds the Government of Canada’s announcement yesterday exempting the GST/HST on purpose-built rental buildings. Rental apartment buildings are an essential component of Canada’s housing stock but the application of the GST/HST has been a deterrent to additional rental construction. While we will need to review the details of the announcement …

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