This is the best summary I could come up with:

The federal government’s decision to eliminate the GST on purpose-built rentals is expected to add tens of thousands of units to the housing market.

Prime Minister Justin Trudeau this week announced the move to waive the federal portion of the HST on the construction of rental housing.

Mike Moffatt, senior director of policy and innovation at the Smart Prosperity Institute in Ottawa, is still trying to figure out precisely how the elimination of the tax will impact supply.

“When I talked to developers in my capacity as a minister of immigration before today, one of the chief obstacles to completing the projects that they want to get done is having access to the labour force to build the houses that they need,” he said.

Economists have long argued that the federal government needs to adjust its immigration targets to bring in more electricians and plumbers.

The key, Bailão says, is making that pressure stick, so the elimination of the GST is just the beginning of broader changes to address the crisis in a meaningful way.

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