You can’t tax your way out of a housing supply deficit
The answer to help those trying to get into the market is not to punish existing homeowners with a massive tax grab because they dared pursue the Canadian dream.
Housing Minister Ahmed Hussen makes a housing announcement in Ottawa on June 17. A new tax on the value of a home would make the affordability crisis even worse, write Tim Hudak and Michael Bourque. The Hill Times photograph by Andrew Meade