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Canada election: NDP leader Jagmeet Singh pledges to increase tax on foreign buyers to combat housing crisis

NDP leader Jagmeet Singh announced on Wednesday his party’s plan to address Canada’s housing market crisis, saying people shouldn’t have to compete with “big money” companies when trying to buy a home. He said his strategy will impose a national foreign buyers tax of 20 per cent, and aim to build 500,000 affordable houses within 10 years.

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