The Canadian Real Estate Investor · May 5, 2023
Government Makes 3X More Money Off Housing Than Developers
Housing Market
0:000:00
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The construction of new homes in Ontario is the highest-taxed sector in terms of production taxes.
- Developer margin (after tax) 10%
- Construction workers (after tax) 17%
- Value of Land and materials 23%
- Government gets 31%
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