Brad Quartel

My thoughts on the Canadian government removing GST from rental housing: First, finally. To clarify, when we built a $100m apartment building, we had to cut the government a check for around 5% of the value when it was done. Unrecoverable. It was cost, just like concrete or windows. This moves the needle on so many projects across Canada. This will get rental housing built! My fear: Canada does not have enough labour and has a massive shortage of trades. Those that can build right away will capitalize on this program but I’m very worried that within 12 months land and construction costs will have increased so fast, that they will eat up all of this GST savings. We simply don’t have enough trades. We need more. So, If you have a skill, start a trade business. Your tailwinds in Canada are big. If you’re young, go to trade school. Become a trade. 6 figure salary almost instantly. Let’s support and herald our trades!