Parliamentary Budget Office says ending tax exemption for real estate investment trusts would generate at least $285.8-million in additional revenue over five years

Finance Minister Chrystia Freeland’s office says the federal government ‘continues to evaluate the impact’ that large corporate landlords have on rental housing across Canada.
Green Party MP Mike Morrice, seen here in December 2021, has called on the government to scrap a 1990s-era tax exemption that allows some of Canada's largest landlords to avoid paying corporate taxes, and he has cross-party support.

An April 3 costing note from the Parliamentary Budget Offi...

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.


Already a Subscriber?

Get Today’s Headlines Newsletter

Your quick scan of the news you need each weekday to be the smartest person in the room.


By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy

MORE News

RELATED STORIES