Trudeau Rival Would End Federal Sales Tax on Many New Homes (2)

Conservative Leader Pierre Poilievre said he would remove Canada’s 5% national sales tax on new homes sold for under C$1 million ($719,700) if he’s elected prime minister.

Poilievre, whose party leads by about 20 points in recent polls, said the cut would save around C$2,200 a year in mortgage payments on a C$800,000 house.

If the Conservatives win an election that’s currently scheduled for October 2025, he would also push the provinces to remove their sales taxes from new homes, Poilievre said in a news release.

The high cost of housing in Canada has helped sink Prime Minister Justin Trudeau ...