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Parliamentary Budget Office says ending tax exemption for real estate investment trusts would generate at least $285.8-million in additional revenue over five years

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Parliamentary Budget Office says ending tax exemption for real estate investment trusts would generate at least $285.8-million in additional revenue over five years By DearOtherPeople cdnpoli (subs)

Green Party MP Mike Morrice, seen here in December 2021, has called on the government to scrap a 1990s-era tax exemption that allows some of Canada's largest landlords to avoid paying corporate taxes, and he has cross-party support.

 

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