Minister, about five months ago, you were on the Herle Burly podcast. You were asked directly about reducing or eliminating the GST on all new homes under $1.3 million, which was our proposal. At the time, you said that it was a big, large sweeping change to make that was kind of risky. You wanted to see if the other things you were doing would work first. Now I see that the government has decided to waive the GST on all new homes under $1 million for a year in Ontario only.
That begs two questions, one of which is this: Are the other things not working? You wanted to see how they would work before you did this. If they aren't working and you made this move, why did you do it for Ontario only? The average cost of a new home in Vancouver is about $1.2 million. That's $62,500 in GST. Why don't the people in Vancouver get that break?
