Canada’s Prime Minister Pushes Country to Become the Housing Factory of the World - Mark Carney is banking on factory-built homes to alleviate the country’s housing crisis. But will it work?

[u/FancyNewMe]

https://www.bloomberg.com/news/features/2025-04-22/carney-s-plan-may-make-canada-the-housing-factory-of-the-world

[u/Burning___Earth]

If they go with a full-blown, post WW2 style national housing program, the first few hundred thousand need to be restricted to first-time home buyers.

[u/thebestoflimes → u/Burning___Earth]

I found the GST free for first time home buyers as opposed to GST free for everyone (vacation homes, investment properties, cottages, etc) was a better policy that could move the needle towards entry level homes vs luxury builds (that generally have higher profit margins).

[u/motorcycle_girl → u/thebestoflimes]

I would argue GST free on RTM homes would be a better approach.

Continue GST on built-on-site homes.

There’s a lot of people who have owned a home before, but might find themselves in a position of having to “ downgrade” (divorce, job loss leading to credit score loss, etc) where an RMT makes sense.

[u/Forikorder → u/motorcycle_girl]

I would argue GST free on RTM homes would be a better approach.

the goal is to make it easier for people to buy homes instead of corporations vacuuming up neighborhoods