This is a page from the 2021 Canadian federal election.

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Housing Prices

Liberal

  • Place a tax on residential properties that are sold within 12 months of purchase.
  • Ban foreign purchasing of non-recreational, residential property for 2 years, excluding future employment or immigration.
  • Introduce a new rent-to-own programme, & commit $1B in loans & grants to scale up rent-to-own.
  • Introduce a tax-free First Home Savings Account.
  • Double the First-Time Home Buyers Tax Credit.

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Conservative

  • Ban foreign investors not living in or moving to Canada from buying homes here for a two year period, after which it will be reviewed.
  • Encourage foreign investment in purpose-built, affordable rental housing.
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NDP

  • Place a 20% tax on the sale of homes to people who aren't citizens or permanent residents.
  • Double the Home Buyer's Tax Credit to $1,500.
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Green

  • Declare housing affordability & homelessness a national emergency.
  • Create national standards to establish rent & vacancy controls.
  • Provide a retroactive residential arrears program for Canadians at risk of eviction or of being driven into homelessness due to accumulated rent.
  • Raise the empty homes tax for foreign & corporate residential property owners.

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