Mobile office hours are happening again Wednesday, November 27, 10 a.m. - 4 p.m. at the Dutch Mill Country Market. Click here for details.

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 beyond August’s national average of $2,187!

A Common Sense Conservative government will build homes, not bureaucracies, by linking federal infrastructure money to housing construction and firing the gatekeepers that block homebuilding.