$10k grant for new home buyers a ‘sneaky’ policy

I'm sure that those 'first time buyers' will be all excited that our provincial government is offering you some of my tax money.

I’m sure that those ‘first time buyers’ out there looking to buy a new home will be all excited that our provincial government is offering you some of my tax money to help you to do that.

You are being offered $10,000 ‘tax free’ towards the cost of a new home that qualifies for the grant. Of course all that happens is the developer gets to charge you $10,000 more instead of reducing the price by that same amount and I think we can guess that these said developers are supporters of the provincial Liberals. In short; my tax dollars go to the government, the government gives it to you and you obligingly give it to the developer . . . On the other hand, maybe it’s all to do with the HST on new homes ending when B.C. returns to GST/PST on April 1 and the government loses its 7 per cent. Either way it’s pretty sneaky.

Gary Huntbatch

Abbotsford