Promise History
1.04.02 - Temporarily remove the provincial sales tax (PST) on new multi-unit housing construction projects to help encourage the development of affordable housing – something other Atlantic provinces have already done.
19-Mar-2025
We consider this promise to be fulfilled, given that this tax has indeed been eliminated for multiple-unit rental housing for constructions started after November 15, 2024
“We have also been working to help tackle the housing crisis by removing the HST off eligible purpose-built multi-unit rental housing that started on or after November 15, 2024.”
Driving change, delivering progress
14-Feb-2025
In light of this new information, we prefer to consider that this promise is on the way to being fulfilled. When the withdrawal of this tax is actually implemented for consumers, we will consider this promise as kept.
Le retrait de la taxe de vente provinciale sur la construction d’immeubles multi-unités n’a pas encore été mis en place. Mais Susan Holt en parle comme d’un fait accompli, et elle a souligné cet accomplissement lors du discours sur l’état de la province.
bilan des trois premiers mois au pouvoir, Susan Holt s'attribue la note de B+
05-Feb-2025
Nous considérons cette promesse comme étant “réalisée”. La réduction prévue a bel et bien été offerte par les gouvernements provinciaux et fédéraux.
“The New Brunswick government, in collaboration with the federal government, is set to introduce an HST rebate program aimed at boosting the construction of purpose-built rental housing. The program will apply to projects initiated between November 15, 2024, and December 31, 2027, with completion by December 31, 2029.”
New Brunswick to Offer HST Rebate for Purpose-Built Rental Housing
13-Dec-2024
Traces of this promise can be found in the mandate letter addressed to the Minister of Finance, René Legacy. Since mandate letters outline the objectives that each appointed minister is expected to fulfill during their term, we consider this promise to be ‘in progress.’”
Mandate Letters - René Legacy
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