Statistics from CMHC , with regards to imposed charges on new housing, indicate that if there is a harmonization of the GST and PST , it would have devastating consequences to the housing industry. This massive tax hike would slow down an industry that is already being hit hard by the economic downturn. It would result in job losses and an expansion of the underground economy. If the harmonization of the GST and PST goes through, it could add at least $15,000 to the cost of a new home.
What will be next ?
-Darryl
Our Company
- Darryl Kennedy M.A.A.T.O. B.C.Q. ( Owner / Principal )
- Oshawa, Ontario, Canada
- Cornerstone Drafting and Design is your partner in residential design - from Builders to Custom Homes to Renovations - no matter the size of your project,Cornerstone Drafting and Design will work with you to achieve your goals and exceed your expectations. Darryl Kennedy, an Accredited Architectural Technologist, will help answer your questions to move you a step forward in the right direction.
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