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Tax Policy Comparison:
EXCISE & OTHER TAX #1
| Tax Policy Comparison: EXCISE & OTHER TAX #1 |
Conservative Party | Liberal Party |
|---|---|---|
| POLICY | Reduce the GST on new housing | Reduce the GST on new housing |
| DATE | 25-Mar-25 | 20-Mar-25 |
| URL | View Policy | View Policy |
| DESCRIPTION & COMMENT | Previous announcements by the Conservative Party proposed to eliminate the GST on new housing on the first $1M of cost. Today's announcement increases that amount to $1.3M. This is a broad-based proposal and is not restricted to first-time home buyers. |
The Liberals announce that the GST on new home construction will be eliminated on the first $1M of cost. This proposal is restricted to first-time home buyers. |
Tax Policy Comparison:
EXCISE & OTHER TAX #1
Tax Policy Comparison: Excise & Other Tax #1
Conservative Party
Date: March 25, 2025
Summary:
Reduce the GST on new housing.
Description & Comment:
Previous announcements by the Conservative Party proposed to eliminate the GST on new housing on the first $1M of cost. Today's announcement increases that amount to $1.3M.
This is a broad-based proposal and is not restricted to first-time home buyers.
View Policy
Summary:
Reduce the GST on new housing.
Description & Comment:
Previous announcements by the Conservative Party proposed to eliminate the GST on new housing on the first $1M of cost. Today's announcement increases that amount to $1.3M.
This is a broad-based proposal and is not restricted to first-time home buyers.
View Policy
Liberal Party
Date: March 20, 2025
Summary:
Reduce the GST on new housing.
Description & Comment:
The Liberals announce that the GST on new home construction will be eliminated on the first $1M of cost.
This propsal is restricted to first time home buyers.
View Policy
Summary:
Reduce the GST on new housing.
Description & Comment:
The Liberals announce that the GST on new home construction will be eliminated on the first $1M of cost.
This propsal is restricted to first time home buyers.
View Policy