For the Summer of 2012, the Canadian Home Builders’ Association has released a brief titled Ending the Discriminatory Tax Treatment of New Purpose-Built Rental Housing. CHBA argues that new rental construction is far below the level required to meet Canada’s projected demographic requirements. The surging demand for rental housing combined with low volumes of rental construction will lead to extremely tight rental markets in communities all across the country.
The CHBA recommends several tax reform measures to enhance the appeal of purpose-built rental housing projects, asserting that the federal government must end the discriminatory tax treatment of private purpose-built rental housing.
The Canadian Homebuilders Association of BC is one of the founding members of the Canadian Rental Housing Coalition. Add your voice along with CHBA BC and many other stakeholders from local government, the development and real estate industries, non-profit groups, tenant rights organizations, and rental managers by endorsing our Charter.
Ending the Discriminatory Tax Treatment of New Purpose-Built Rental Housing