Canadian News Jul 21, 2020 3:00 PM EST

Trudeau government retreats from home tax policy despite spending $250,000 researching it

Morneau has promised Canadians that the government will never tax primary residences after tasking a government agency with researching the policy.

Trudeau government retreats from home tax policy despite spending $250,000 researching it
Nico Johnson Montreal, QC
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Justin Trudeau's Finance Minister Bill Morneau has promised Canadians that the government will never tax primary residences after tasking a government agency with researching the policy.

Earlier this week, Blacklock's Reporter revealed that the crown agency CHMC was researching a tax on the sale of primary homes. This was immediately met with fierce criticism—forcing the government to stand down.

Speaking in the House of Commons on Tuesday, Morneau said that the tax "is not something we are looking into and we will not be considering that in the future."

Despite these comments, the Trudeau government did award a research grant so to further examine the perceived benefits of such a tax. Indeed, the Trudeau government was so interested in this home tax that they paid researchers $250,000 in taxpayer money.

On Tuesday, a Conservative Member of Parliament asked Morneau whether "the government [would] end this charade and commit to no new tax, no tax hikes, on principal residences of homeowners."

"I want to be very clear," responded Morneau. "We are not looking at tax changes on principal residences. That is not something we are looking into, and we will not be considering that in the future."

The Trudeau government has not had a July that it will remember fondly. Not only were they accused of researching a deeply unpopular policy, but they have also been wrapped up in the WE scandal, which has engulfed recent news coverage.

As a result of all this, both the Liberal Party and their leader Justin Trudeau have suffered in the polls.  

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