On September 14, 2023, the Government of Canada announced proposed legislation to enhance the goods and services tax (GST) rental rebate on new purpose-built rental housing (the enhanced GST rental rebate). The government says it hopes the enhanced GST rental rebate will incentivize the construction of rental units to increase supply and provide more affordable homes.
- Eligibility for the GST rental rebate
- Existing scheme
- Changes to the GST rental rebate scheme
- Rebate scheme uncertainties
Source: mondaq
