Huw Lloyd-Ellis

Huw Lloyd-Ellis is an economics professor at Queen’s University, known for his expertise in housing markets and economic policy. In a recent report regarding the federal government's proposed GST rebate for first-time homebuyers, he cautioned that the analysis from the Parliamentary Budget Officer did not account for potential market behavior changes, suggesting that the actual cost of the policy may be higher than projected. He emphasized the targeted nature of the rebate, which aims to assist those facing affordability challenges, while also warning that it could inadvertently inflate housing prices if demand outpaces supply.