TSX:CAR.UN - Post by User
Post by
AlwaysLong683on Apr 08, 2022 11:24am
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Post# 34587943
Residential REITs and the Federal Budget 2022
Residential REITs and the Federal Budget 2022 Article from BNN Bloomberg website summarizing the Federal Government's policies and plans re. Canada's residential housing market.
Here's an excerpt from the article that may target Residential REITs - no decision has been made, but looks like the Feds will be reviewing such entities over the coming months: "The feds are planning a review of housing as an asset class to determine how major rental apartment corporations impact the market – building on a promise in the Liberal Party’s fall election campaign.
The budget indicates the review will take into account how “large corporate players” are taxed, though it said more details on the review would be released later this year."