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Opinion: Home Owner Grant program 'badly needs reform,' former NDP finance minister says

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The program treats a couple earning $100,000 who has a huge mortgage and badly needs the grant the same as a couple earning $400,000 with no mortgage and really doesn’t need the tax break.

As a former finance minister, I couldn’t agree more with James Steidle . B.C.’s Home Owner Grant program is inequitable and unfair and badly needs reform.

Many government grant programs are “means tested”: those who have higher incomes receive lower grants or none at all. The Home Owner Grant program should be reformed to incorporate that principle.

 

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