Trudeau announces new measures to deal with housing, grocery prices
Trudeau announces new measures to deal with housing, grocery prices
- remove GST on new rental housing construction
- cities must end exclusionary zoning to access housing accelerator fund
- grocery stores must have a plan to control prices by thanksgiving or face new taxes
"Justin Trudeau promised to do this eight years ago. Six years ago he said 'just kidding, promise broken,' and now this morning, just as he got wind this was going to be in my bill, he flip-flopped again," he said.
The GST change announced on Thursday was part of the Liberal party's election platform in 2015, but the Liberal government abandoned that policy in 2017, saying there were better ways to increase rental construction.
Classic. Lol
The federal government also announced it will bring forward legislation to empower the Competition Bureau to ensure that corporate mergers and acquisitions do not have an adverse effect on the affordability of goods and services.
Haha, good one!
Well, to be fair, the Competition Bureau tried to block the Rogers/Shaw merger, but the court said no (and then awarded Rogers/Shaw millions in damages from the Bureau). If the Fed can give the Bureau more power instead of being overridden by a Harper-appointed judge, I call that a win.
I would too, but I don't believe for a second he's actually going to follow through with any bite.
If the exclusionary zoning lever works, that might actually help.
Article doesn't seem to explain how exactly they plan to get grocery prices under control, nor how that's even measured
Nor whether they even have to actually follow through on the plan, or if just making a plan is good enough.
- grocery stores must have a plan to control prices by thanksgiving or face new taxes
Guess who's gonna absorb the cost of those new taxes? That's right, the consumers.