On September 14, 2023, the Prime Minister announced that the government will introduce legislation to enhance the Goods and Services Tax (GST) Rental Rebate on new purpose-built rental housing, to incentivize construction of much-needed rental homes for Canadians.
To build more rental housing, the removal of GST will apply to new purpose-built rental housing, such as apartment buildings, student housing, and senior residences built specifically for long-term rental accommodation.
This enhancement increases the GST Rental Rebate from 36 per cent to 100 per c...
This is the Greater Victoria BC Market Update November 2023. The data is from the Victoria Real Estate Board released Dec 1, 2023. We thought we would try a different way of presenting the data in a new and fun way. Let us know what you think!!
November Market Update: https://randg.video/S74
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