Eliminate Land Transfer Tax for One Year to Stimulate Barrie and Ontario Housing Market

Niagara West Conservative MPP Tim Hudac raises a challenge to the provincial Finance minister to consider a reprieve from the charging of Land Transfer Taxes for just one year in order to stimulate the real estate and housing industries that are at the core of our economy.

This makes far too much sense I am afraid for it to ever be put into practise. I personally know a few young couples struggling to save their down payments and closing costs to buy their first homes that would be ready to act today if the government were to implement this.