GREAT IDEA TO CONVERT OFFICE SPACE TO RESIDENTIAL UNITS!!

Thursday Sep 28th, 2023

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I agree!!  More and more people are working from home or hybrid!  The Canadian government should seriously consider accelerating the conversion of unused office spaces into more housing units if it plans to address the ongoing affordability and supply crisis, according to former deputy prime minister Sheila Copps.

 The federal government should go further in applying this step to other types of housing developments like unused office space.  

“I think it needs to go further, and not just no GST for new builds – for rentals – but also for conversions and including conversion renovations,” Copps said.

“All of the office space that is sitting vacant in malls and downtown cores across the country, why not have an office conversion attached to that, so you’re actually thinking outside the box [and] you’re fixing two problems for the price of one.”