Ontario shares details on plan to remove 8% tax on new purpose-built rental housing

The move was promised when the federal government first announced in September it would waive the general sales tax on new rental developments. Back then, the province said it would work closely with Ottawa to cut its portion of taxes, which equal eight per cent.

Ontario shares details on plan to remove 8% tax on new purpose-built rental housing
A condo construction site, with workers spotted on site.

The move was promised when the federal government first announced in September it would waive the general sales tax on new rental developments. Back then, the province said it would work closely with Ottawa to cut its portion of taxes, which equal eight per cent.