CANADA IS EXPERIENCING
A HOUSING AFFORDABILITY CRISIS
The primary cause is a series of government taxes that, in some cities, account for nearly 30% of the cost of a new home.
JOIN US IN ASKING THAT THE GOVERNMENT HELP MAKE HOUSING MORE AFFORDABLE BY CUTTING NEW-HOME TAXES
CONCERNED CANADIANS
IMPASSIONED HOMEBUILDERS
GOVERNMENT TAXES ACCOUNT FOR NEARLY 30% OF THE COST OF A NEW HOME
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GOVERNMENT TAXES ACCOUNT FOR NEARLY 30% OF THE COST OF A NEW HOME
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GOVERNMENT TAXES ACCOUNT FOR NEARLY 30% OF THE COST OF A NEW HOME \ GOVERNMENT TAXES ACCOUNT FOR NEARLY 30% OF THE COST OF A NEW HOME \
THE PROBLEM
Government taxes account for nearly 30% of the cost of a new home.
In 2009 the average taxes on a Toronto condo were $36,000. Today they’re over $240,000. That’s a nearly 600% increase.
15 YEARS OF INFLATION
The Federal Government for $31,000
The Ontario Government for $65,000
The City of Toronto for $145,000
WHO’S RESPONSIBLE?
THE PROBLEM
WHAT IS IT COSTING US?
On average, $1,434 per month in carrying costs and $430,000 over the lifetime of a mortgage. That’s equal to:
54 YEARS OF GROCERIES FOR A COUPLE
34 YEARS OF CAR PAYMENTS
FULL UNIVERSITY TUITION FOR 14 KIDS
THE SOLUTION
THE COALITION AGAINST
NEW-HOME TAXES
We’re a coalition of Canadian home builders and we’re asking that the government reduce new-home taxes.
AND WE PLEDGE TO PASS 100% OF THE SAVINGS ON TO HOMEBUYERS
OUR PLEDGE
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OUR PLEDGE \
For every dollar of tax eliminated by any level of government from the cost of delivering new housing, we will immediately reduce the price of all homes we sell by the amount saved, dollar for dollar.
DO YOU AGREE NEW HOMES SHOULD BE MORE AFFORDABLE?
HOME BUILDERS WHO HAVE SIGNED THE PLEDGE
MAKE YOURSELF HEARD
WE’RE CALLING ON CANADIANS TO ASK THAT THE GOVERNMENT TAKE ACTION TO MAKE NEW HOMES MORE AFFORDABLE
EMAIL YOUR REPRESENTATIVE
Click below to email policymakers from your province.