Conservative Housing Platform

 

Supply

➤ 1 million new homes in 3 years
↳ Leverage Federal Infrastructure investments
↳ releasing 15% of federally owned properties for housing
↳ include a "for indigenous, by indigenous" strategy 
↳ incent builders and investors with tax programs
↳ investigate office space conversion
➤ 2 year ban on foreign, non-resident investment of residential property

Qualification

➤ Stress test exemption for renewing borrowers
➤ Stress test 'fix' for small business owners, contractors and other non-permanent employees
➤ Increase the $1 million insurable eligible cap (unspecified), and index to home price inflation
➤ Encourage 7-10 year terms

Anti-Fraud & Crime Measures

➤ Beneficial Ownership Registry
➤ Additional anti-fraud and money laundering measures

Financial Assistance

No plans

Miscellaneous

➤ Reimplement Housing First approach
➤ $325 million over 3 years to create 1000 residential drug treatment beds
 ↳ 50 recovery community centres across Canada

Check out https://www.conservative.ca/ for more information