IIAC LETTER TO FEDERAL FINANCE MINISTER FREELAND AND HOUSING MINISTER HUSSEN
Re: Policy Priorities Contained in the Liberal Government’s Housing Plan
Included in the in Liberal Government’s Housing Plan, and in the Prime Minister’s recent mandate letters to Finance Minister Chrystia Freeland and Housing Minister Ahmed Hussen, is a proposal to review the tax treatment of Real Estate Investment Trusts (REITs), and a proposal to introduce a tax-free First Home Savings Account (FHSA). Both these proposals have a direct impact on retail investors.
The IIAC wrote to the Ministers bringing to their attention several necessary considerations.