Trudeau

The capital gains increase will discourage the construction of new rental homes for Canadians

We need far more new homes in Canada of every kind, including purpose-built rentals, to address the housing crisis. But many experts, including the Canadian Federation of Apartment Associations (CFAA), have stated that Trudeau’s planned Capital Gains tax hike will discourage the construction of new rental housing. Meanwhile, rents are expected to continue to increase

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