From housing reform to carbon pricing: How a Liberal minority could affect business and consumers

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From housing reform to carbon pricing: How a Liberal minority could affect business and consumers (for subscribers) mattlundy33 globebusiness

This translation has been automatically generated and has not been verified for accuracy.The Liberal Party will need some co-operation to push through key priorities after voters delivered it a weakened mandate on Monday that fell short of majority status.

“I think a [national registry] actually makes a ton of sense,” said Ben Rabidoux, president of real-estate research firm North Cove Advisors, during the campaign. “You need a way to disincentivize people from hiding wealth in Canada, outside of the purview of governments.”The Liberal Party said it would impose a 10-per-cent tax on the purchase of personal vehicles, boats and aircraft above $100,000. The NDP would tax the same items, only at 12 per cent.

The NDP said it would introduce a “price cap” to ensure Canadians aren’t paying more than the global average on both cell phone and internet bills. The party outlined a host of other telecom measures in its platform, including that companies offer a “basic plan” for broadband and wireless service that is comparable to affordable plans in other countries.

Carbon pricing started on April 1 at $20 a tonne, and under the Liberals’ plan will rise by $10 annually to $50 in 2022.

 

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mattlundy33 globebusiness Housing, they are going to make it more expensive hoping to thrill their base with double digit increases. Carbon pricing, they are going to make life more expensive with half-baked plans. Then the golden goose will be priced out of Canada, and then, real economic trouble will b

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