C-7Government of CanadaLIBERAL
An Act to amend the Income Tax Act (rental housing tax credit)
The previous version expired in 2024. Carney's housing platform leaned heavily on supply incentives; this is the first material housing bill of the 45th Parliament.
Status
✓
Introduced✓
1st Reading3
2nd Reading4
Committee5
Report6
3rd Reading7
Royal AssentSummary
Reinstates and expands the rental construction financing tax credit, with a five-year window and an affordability set-aside requirement of 20% of units below market rent.
Sponsored by
Dominic LeBlancLIBERAL