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Would a provincial sales-tax rebate lead to more affordable housing? Opinions vary - CBC

Retrieved on: 2024-04-30 23:00:28

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Would a provincial sales-tax rebate lead to more affordable housing? Opinions vary - CBC. View article details on hiswai:

Summary

The article discusses differing opinions on the impact of provincial sales tax rebates on housing development and affordability in New Brunswick. While some argue that tax incentives may lead to delays in projects or lack of competition, experts and researchers suggest that it wouldn't necessarily result in affordable housing, rent control, or benefit tenants. Saint John is mentioned as a specific case where a development project encounters issues due to the absence of such tax-based incentives.

Article found on: www.cbc.ca

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