Randall Denley: Doug Ford lets smart policy get overshadowed by unforced errors
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Randall Denley: Doug Ford lets smart policy get overshadowed by unforced errors
He does the right thing to boost Ontario’s stagnant housing industry and increasing new home affordability, but then gets distracted
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Ontario Premier Doug Ford got something big right in the last few weeks, though he’s distracted from his own accomplishment by focusing on pet projects and self-serving new rules.
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Ford has done just the right thing to boost Ontario’s stagnant housing industry and sharply increase new home affordability. His good work was amplified by getting Prime Minister Mark Carney on board.
Randall Denley: Doug Ford lets smart policy get overshadowed by unforced errors Back to video
Ford and Carney’s decision to eliminate the HST on new homes valued up to $1 million will save buyers $130,000. Homes up to $1.5 million will also get a tax break on a sliding scale. The two leaders are also reducing municipal development charges by 50 per cent, although details of how it would work are a bit vague.
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