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Interest rates could hinder success of GST housing plan: investment expert

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Removing GST from the construction of new rental apartments will likely help ease housing supply crisis in Canada, according to real estate stakeholders, but some are concerned that the high interest rate environment will hinder the measure’s success.

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Five things to watch for in the Canadian business world in the coming weekTORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada speech Nicolas Vincent, the external non-executive deputy governor of the Bank of Canada, will give a speech to the Chamber of Commerce of Metropolitan Montreal on Tuesday morning. The Bank of Canada kept its key interest rate target on hold last month, but signalled it was prepared to raise it again if needed. Subway deadline TTC customers with any mobile carrier are expected to be able to acces
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