Ontario helping build more rental housing

The government is taking steps to get more rental housing built in Ontario by removing the full provincial portion of HST on qualifying new purpose-built rental housing.

The removal of the provincial portion of HST would apply to new purpose-built rental housing such as apartment buildings, student housing and senior residences built specifically for long-term rental accommodation.

News Releases;

EN: https://news.ontario.ca/en/release/1003722/ontario-helping-to-build-more-rental-housing

FR: https://news.ontario.ca/fr/release/1003722/lontario-favorise-la-construction-dun-plus-grand-nombre-de-logements-locatifs