Mr. Speaker, all across Canada, government charges account for more than 30% of the cost of a new home. These taxes block homebuilding and drive up prices for all Canadians.
Conservatives offered a plan right here in the House to axe the federal sales tax on new homes under $1 million. This would have saved Canadians up to $50,000 on the price of a new home and would ignite the construction of more than 30,000 new units every single year.
The Liberal government's own top housing official confirmed at committee yesterday that this policy would inspire more homebuilding if the cost of homebuilding could be reduced. The Liberals and the Bloc, of course, voted against it.
While the Prime Minister continues to borrow money to buy support from the bureaucracy-building mayors this week, common-sense Conservatives will fight to axe the federal sales tax on new homes under $1 million, saving Canadians thousands of dollars. Let us bring it home.