Canadian Home Builders' Association
Registration:
1
of
1
(2024-01-09
to
2024-02-12)
Legislative Proposal, Bill or Resolution
- Allow Net Zero and Net Zero Ready renovations to qualify for the GST/HST
- Amendment of the Excise Tax Act to adopt a permanent home renovation GST rebate
- Amendment to the Underused Housing Tax Act to remove the requirement that builders and developers from having to file a tax return (UT-2900) for newly constructed units when the units are already exempted from the tax.
- Update and index the thresholds for the GST New Housing Rebate
Policies or Program
- Adopt affordability as a core objective of the National Building Code and to all related standards.
- Government policies to encourage more Canadians to consider a career in the skilled trades and support the apprenticeship system
- Modify the Residential Mortgage Underwriting Practices
- Procedures Guideline (B-20) – the “stress test” for both insured and uninsured mortgages to reduce the test rate on a declining basis for 7- and 10-year mortgage terms.
- Reintroduce 30-year amortization periods for insured residential mortgages for new construction.
- Update the federal immigration system to proactively attract much-needed skilled workers in residential construction.
- Work with provinces to have the EnerGuide Rating System (ERS) label on all houses at the time of resale and expand ERS (and its software tools updated) and be promoted so that ERS becomes the backbone of all renovation incentives.
- Working with the home construction industry to support innovation and capital investment to increase industry productivity both for in-site built approaches and factory-built solutions.