Scrap tax exemption 'loophole' causing 'erosion' of rental affordability: housing advocates

NDP housing critic Jenny Kwan says the Chrétien-era exemption benefits investors at the expense of renters, while Conservative MP Matt Jeneroux says Canada's focus should be on the need for more rental supply.

The real estate sector and housing advocates are watching to see if Housing Minister Ahmed Hussen pushes through changes to an important tax exemption for publicly-traded landlords in Budget 2022.

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