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
|
|
|
|