The National Post <a data-evt-val="{&quot;control_fields&quot;: {&quot;mparticle&quot;: {&quot;keys&quot;: {&quot;click_source_type&quot;: &quot;click_source_type&quot;, &quot;anchor_text&quot;: &quot;anchor_text&quot;, &quot;target_url&quot;: &quot;target_url&quot;, &quot;layout_section&quot;: &quot;layout_section&quot;}, &quot;mp_event_type&quot;: &quot;Navigation&quot;, &quot;extra_keys&quot;: [&quot;click_vertical_position_percentage&quot;, &quot;click_vertical_position_pixels&quot;]}}, &quot;click_source_type&quot;: &quot;in-page link&quot;, &quot;anchor_text&quot;: &quot;previously reported&quot;, &quot;target_url&quot;: &quot;https://nationalpost.com/opinion/neil-sharma-greedy-municipalities-bleeding-young-ontario-homebuyers-dry&quot;, &quot;layout_section&quot;: &quot;in-page-link&quot;}" data-evt="click" data-evt-typ="click" href="https://nationalpost.com/opinion/neil-sharma-greedy-municipalities-bleeding-young-ontario-homebuyers-dry">previously reported</a> that at least a third of a new home’s sticker price in Ontario was comprised of taxes, but an updated report, courtesy of the Canadian Centre for Economic Analysis (CANCEA), now puts the figure at 35.6 per cent.

New report reveals that governments reap nearly four times more than builders in taxes, levies and fees for each new home that’s constructed{ai:summary}<p>A new report from the Canadian Centre for Economic Analysis reveals that 35.6% of the sticker price of a new home in Ontario is made up of taxes. This marks an increase from earlier estimates that suggested at least a third of the price was due to taxation. </p><p>#economy</p>

Neil Sharma: Blame bureaucrats for taxes that comprise 35.6% of the price of a new home in Ontario

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