In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.

  • Dearche@lemmy.ca
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    1 year ago

    Shit, when was such an exemption passed? That’s literally a law that turns housing into a non-productive investment.

    Making a necessity to live in the modern world an investment is the way to turn a portion of the population resentful and unproductive.

    • sbv
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      1 year ago

      Googling around, all I can find is that Canada didn’t have a capital gains tax until 1972. I think that means all investment profit was tax free.