Mr. Speaker, the Toronto homebuilding industry released a scathing report on the government’s budget, warning of 100,000 job losses in the sector despite the Prime Minister's promising 500,000 new homes a year during the election.
The government continues to refuse to implement our policy of cutting the GST on all new homes under $1.3 million. Now, housing starts have plummeted and developers are laying off their trained staff because the cost of government is just too high.
Why will the government not listen to the experts and cut the GST on all new homes under $1.3 million, so builders can get back to work and build the homes Canadians so desperately need?