Conservative Leader Pierre Poilievre is promising to cut home-building taxes by $100,000 per house by eliminating the federal sales tax and incentivizing municipalities to lower their building taxes on newly constructed homes.
The implementation of the two measures would result in a reduction of about $50,000 each in the cost of purchasing a new home, Poilievre said. A Conservative government would also require municipalities to publicly report their development charges and explain how the federal reimbursement would be used, “so Canadian municipalities are accountable when they build.”
