Incentivizing Residential Multi-Family Development in Canada: What Developers Need to Know
The landscape of Canadian housing markets has long grappled with the challenge of limited vacancy rates. Finally, political measures are in motion to address this pressing issue by incentivizing the construction of new rental housing stock. As the legislation progresses towards final approval, it's crucial for developers to grasp the implications for the construction of new residential apartments.
Here's a breakdown of key points that developers should consider:
- HST Rebates: The...