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Thursday, November 21, 2024
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Parliamentary Budget Office says ending tax exemption for real estate investment trusts would generate at least $285.8-million in additional revenue over five years

Finance Minister Chrystia Freeland’s office says the federal government ‘continues to evaluate the impact’ that large corporate landlords have on rental housing across Canada.

Green Party MP Mike Morrice, seen here in December 2021, has called on the government to scrap a 1990s-era tax exemption that allows some of Canada's largest landlords to avoid paying corporate taxes, and he has cross-party support. The Hill Times photograph by Andrew Meade
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