Government Subsidies to Homeowners vs. Renters in Ontario and Canada
By Frank A. Clayton, Ph.D, for the Federation of Rental Housing Providers of Ontario and the Canadian Federation of Apartment Association
Comparative Real Estate Finance Analysis
By: Ernst & Young
This report analyzes the impact of federal taxation on the construction of multi-family rental housing in Ontario. Comparisons are drawn to several U.S. markets, with a view to isolate the effects of marginal tax rates, capital gains and depreciation rates, rollover provisions, deductibility of soft costs, pooling of assets, and capital taxes.