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MURBs Could Slash Condo Investor Profits by 50% and Revive Affordable Housing
Economy

MURBs Could Slash Condo Investor Profits by 50% and Revive Affordable Housing

The proposed reintroduction of the Multiple Unit Residential Building (MURB) tax provision could revolutionize Canada's housing landscape, drastically reducing the dominance of investor condos. This federal initiative aims to boost small-scale rental housing construction, making affordable options more accessible for families while potentially slashing investor profits.

07/04/20255 min read