- Canada is in a housing crisis with high demand, low supply, and high prices.
- The government will eliminate the GST for first-time homebuyers on homes under $1 million.
- This will save Canadians up to $50,000.
- The government will announce more measures to increase housing supply.
- The Prime Minister is focused on lowering costs and building a strong economy.
Source: pm.gc.ca
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
