Tim Houston’s Nova Scotia PC government has cut provincial portion of the HST from new rental constructions
From day one, Premier Tim Houston’s PC government has been steadfast in its commitment to tackle the housing crisis head-on. Whether it be using public land in key neighborhoods to build units, cutting red tape, buying buildings to turn into housing, and now, dropping HST off new rental buildings to accelerate development. The PC government is moving to get housing built for Nova Scotians.
We are removing the provincial portion of the HST on new rental builds in Nova Scotia.— Tim Houston (@TimHoustonNS) September 26, 2023
Paired with cutting red tape and training more skilled trades workers, this is just another way we're working to get more housing built, faster. pic.twitter.com/SDWG8nVd72
Shortly after becoming elected, the PC government opened up government land to build more housing projects. By making efficient use of publicly owned land, we are boosting housing projects that respond directly to the needs of the local communities. Additionally, we have been tirelessly working to reduce bureaucratic red tape, streamlining the process for developers to embark on more housing projects, faster.
More recently, the PC government has acquired existing buildings and converted them into housing units. This innovative approach not only breathes new life into underutilized buildings but also adds valuable housing stock to the market. Now the PC government has taken a significant step by removing the Harmonized Sales Tax (HST) from new rental construction. This deliberate policy action is designed to accelerate the development of much-needed housing units across Nova Scotia.
While the Liberals and NDP are focused on opposing new housing builds, our PC team is focused on building more homes, faster.