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House Hansard - 107

44th Parl. 1st Sess.
October 4, 2022 10:00AM
Context: House Hansard - 107 - Oct/4/22
Hon. Ahmed Hussen (Minister of Housing and Diversity and Inclusion, Lib.)
  • Oct/4/22 3:13:38 p.m.
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Mr. Speaker, in addition to the 1% tax, we have introduced a two-year ban on foreign ownership of Canadian residential real estate, but we are not stopping there. We have also launched a review of the tax treatment with real estate investment trusts. Through budget 2022, we have launched a federal review of housing as an asset class. We are committed to making housing more affordable by doing our part in tackling the financialization of the housing sector.
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