Canada

Taxing corporations does not just raise prices for consumers!! This is a hyper conservative worldview, and very convenient to corporations that don’t want their taxes raised. It is also contradicted by literally any first year economics textbook, so I don’t understand why it keeps getting repeated.

Tax changes to encourage rental construction have been advocated by urban economists for years. This particular measure was proposed by the NDP. An affordable rental market actually puts downward pressure on the overall real estate market.

That said, I agree the Liberals aren’t doing enough.

The GST part is to incentivize new construction, and you are right it will increase profits but without increasing prices for the end consumer, on the contrary if more builders see this as an attractive opportunity, there will be more units built which increases the offer and when the offer goes up, the prices goes down.