Poilievre’s plan to remove the GST on new homes gets mixed reaction on P.E.I. [Video]

Some on P.E.I. say Conservative Leader Pierre Poilivere’s proposed tax cut would help people buy homes, but would bring other problems if current federal housing programs have to be sacrificed. 

Poilievre has pledged to remove the five per cent GST on the sale of new homes valued at less than $1 million if his party forms the government after a federal election that must be held by the end of 2025.  

He also wrote to provincial premiers, including Dennis King, pushing them to remove the provincial sales tax too. In P.E.I.’s case, that’s 10 per cent. 

Alex Davidson, owner of Holmes Construction, said the tax burden on homebuyers is significant and poses a barrier to building for some Islanders. 

He thinks taking those taxes away will encourage more folks to build new houses. 

A Prince Edward Island builder tells the CBC’s Steve Bruce that the sales tax savings should spur …