Ottawa has a housing initiative, but not a homeownership plan
Three steps can signal the federal government is serious about homeownership affordability: expand GST relief to all new homebuyers, work with provinces and municipalities to reduce development charges, and fix the mortgage stress test.
Ottawa now speaks the language of the housing crisis. What Canadians are still waiting to hear is a clear plan to protect what the crisis has put at risk: the ability to own a home. The federal government deserves credit for acting with greater urgency on housing, including ...
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