National

Poilievre asks premiers to axe their sales taxes on new homes worth under $1 million

Darpan News Desk The Canadian Press, 04 Nov, 2024 11:02 AM

Conservative Leader Pierre Poilievre has written to the provinces' premiers, asking them to eliminate their sales taxes on new homes that are under $1 million.

It follows Poilievre's own pledge last week that if he becomes prime minister, he will axe the federal sales tax on new homes sold for under $1 million.

NDP-Liberals have DOUBLED housing costs after 9 years of promising to make them affordable.

Our common sense Conservative plan will axe the sales tax on new homes under $1 million to build the homes you can afford.

Let's bring it home: https://t.co/yOCJXh8WSA pic.twitter.com/aR6KXhBsM1
— Pierre Poilievre (@PierrePoilievre) November 4, 2024

The Conservatives estimated that measure would reduce the cost of an $800,000 home by $40,000 and spur construction of another 30,000 homes per year.

Poilievre said last week that he would pay for the federal tax cut by scrapping Liberal housing policies, and in his letter to premiers, he said provincial sales taxes also significantly increase the cost of homes.

BREAKING: I’ve written premiers asking them to join me in axing the sales taxes on homes.

Taking federal AND provincial taxes off new homes would save up to $150,000 on a new house.

Axe the tax. Build the homes.

Sign to support our common sense plan: https://t.co/yOCJXh8WSA pic.twitter.com/5U2zqnPMAk
— Pierre Poilievre (@PierrePoilievre) November 4, 2024

He tells the premiers he understands that all provinces are different, but that by matching his own promised tax cut on new homes they will save their residents tens of thousands of dollars.

Poilievre has relentlessly attacked the Liberal government over the state of housing affordability, blaming Prime Minister Justin Trudeau for the rapid rise of housing prices and rents since 2015.

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