Philip Lawrence at the Finance Committee

On June 22nd, 2021. See this statement in context.

June 22nd, 2021 / 5 p.m.

Conservative

Philip Lawrence Conservative Northumberland—Peterborough South, ON

Thank you, Mr. Chair.

I would like to continue asking the minister questions.

In October 2016, Canadian taxpayers had to report the sale of their principal residence for the first time. Since then, taxpayers have had to designate their principal residence in their tax returns. Why? What is the purpose of these reports?

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