Builders call Ottawa’s tax break ‘major needle mover’ on construction of rental units

Builders call Ottawa’s tax break ‘major needle mover’ on construction of rental units

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Real estate companies say Ottawa’s new GST break on construction will spur them to develop thousands of new rental units by offsetting rising financing and building costs. Fitzrovia Real Estate, an apartment developer and property manager, said the new five-per-cent tax discount would allow it to…

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