Government Makes 3X More Money Off Housing Than Developers
The Canadian Real Estate InvestorMay 05, 2023
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00:43:5140.18 MB

Government Makes 3X More Money Off Housing Than Developers

The construction of new homes in Ontario is the highest-taxed sector in terms of production taxes. 

  • Developer margin (after tax) 10%
  • Construction workers (after tax) 17%
  • Value of Land and materials 23%
  • Government gets 31%

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