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National Post
National Post
20 Mar 2025


NextImg:Why fixing the housing crisis is key to mitigating economic fallout from the current tariff uncertainty 

As provincial and federal governments work to mitigate the impacts and economic uncertainty caused by the present trade dispute and resulting tariffs, there are three factors that they need to keep in mind. First, the GTA desperately needs more housing. Second, building more housing for Canadians creates domestic jobs, economic activity and supports industries from coast to coast. Third, new housing projects are struggling now with financial viability due to a “cost to build” crisis. All of these factors make now the time when provincial and federal governments should be reducing or eliminating the HST on new homes.