LONDON, Ont. — Prime Minister Justin Trudeau will announce Thursday that Ottawa is removing the GST on construction of new rental apartment buildings, according to a senior government source.
The change would lower the cost of labour and materials for homebuilders, and is one of the components of an affordability announcement Trudeau was set to make in the afternoon, the source said.
That is where most of the 158 Liberal MPs have been gathered for a three-day retreat aimed at strategizing their approach for the return of Parliament next week. Trudeau has said his focus is on hearing what constituents are telling MPs. He said climate change was a frequent topic in Wednesday's meeting of MPs from all regions, with two more meetings of the national caucus planned for Thursday.
Quebec MP Steve MacKinnon said the party is trying to stabilize the housing market after a drastic rise in costs and interest rates, but the provinces also need to help.Meanwhile, Industry Minister François-Philippe Champagne rejected the idea that the Liberals are responding late to concerns about inflation.Foreign Affairs Minister Mélanie Joly pushed back on reports that MPs have come to London to blast Trudeau over unflattering polls.
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