The Canadian Home Builders’ Association will be making a presentation to the Standing Committee on Education and Economic Development on Thursday, March 3rd at 10am about the effect of the HST on the residential construction industry.
We will be telling the committee that we have seen a 56% drop in the number of residential homes from pre-HST to this past year and the economic impact on PEI.
While we believe the decision to increase the HST to 15% has already been made, we will be asking government to consider a New Housing Rebate for 100% of the PST portion, and failing that at the very minimum to provide a rebate that matches the design adopted in Ontario: 75% of the PST on the first $400,000 to a maximum of $24,000. We will also be asking for a Home Renovation rebate for 100% of the labour portion of renovations of $10,000 or more.
We are looking for people in the help fill the gallery on Thursday, March 3rd at 10am at the J. Angus MacLean Building (180 Richmond Street). Our presentation and that of the PEI Real Estate Association will take approx. one hour.
We could use your support. A strong show of residential construction businesses will help to support our proposal.
As we get closer to Christmas and the excitement of children, grandchildren, nieces and nephews builds, take some time to stop and think about what Christmas means to you. Then rejoice in the Christmas season. Merry Christmas from everyone at the Canadian Home Builders' Association (PEI) Inc.
May you enjoy peace and love this holiday season and may the new year bring you great joy.
Reserve your spot by calling Susan at 902.367.6125 or email email@example.com.
Canada is the only major country in the world without a national housing strategy. The federal government needs to take the lead to ensure programs are put in place to improve the quality of life for all Canadians. This was just one of the many issues discussed at our four housing forums with federal candidates [Malpeque, Charlottetown, Cardigan & Egmont ridings] the last six weeks of the campaign. Reach out to the candidates in your riding today and tell them that housing is important, that over three million Canadians live in housing insecurity, and that it is an important issue for you and every Canadian. Be informed. Make a decision. Vote!
Special guest speaker is Katie Morello, lawyer with Cox & Palmer who will be discussing mechanics' liens.
No charge for the dinner, and there will be beer available from the local micro-brewery, Upstreet Brewery for $5.
Come on out!