A skilled trades shortage could lead to more competition for workers and ultimately fail to drive down sky\u002Dhigh rents.
Kendal Harazny, a co-founder of Wexford Developments in Calgary, said the GST change will be a major benefit that would definitely tip some projects into action.
“We’re going to change the equation and it’s going to grow supply immensely across this country, but it’s also going to change the kinds of homes that people build,” Fraser said.Article content He is also promising to be much more aggressive with municipalities, pledging to pull back federal funding from municipalities that don’t increase the number of homes they’re building by 15 per cent every year. He would also award building bonuses to municipalities that go above and beyond those targets.
“I was really happy to see how simply designed this was. This government, just governments in general, tend to want to make things overly complex and they didn’t do that here,” he said. Moffatt said there are tax credits for rental construction that existed in the 1970s that could be renewed and the government should bring them back because they were enormously successful.
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