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Tag: Canadian Election 2021

Canada

Canadian Election Promises Will NOT Improve Real Estate Affordability: Top Economists

September 9, 2021

Canadian politicians promise to “fix” housing affordability if elected this year. Just one problem — all of their plans will increase home prices, not make them more affordable. That’s the take from Finder‘s 15-person monetary policy panel. The Fintech regularly polls Canada’s top economists for their take on monetary policy. This time they asked for […]

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Canada

Unpacking The Liberal Party of Canada’s Election Housing Platform, Policy By Policy

September 8, 2021

One of Canada’s top issues this election is housing, and as usual, we’ve been getting a lot of questions by email. Instead of answering each email individually, we’re going to cover what feels like our regular election platform breakdowns. In separate pieces, we’ll drop an unbiased look at the policies promised, and the intended (or […]

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Canada

The NDP Hitting Canadian Homes With A 75% Capital Gains Tax Wouldn’t Change Much

September 1, 2021

Canadian real estate and capital gains taxes are once again in the spotlight. This week the NDP’s Jagmeet Singh promised to crack down on “big money” house flippers. This strategy largely involves hitting them with a 75 percent capital gains rate. Owners feel this will unfairly target them. Supporters think this will encourage more productive […]

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Canada

Canadian Housing Affordability Got Worse Under Trudeau, But Did He Do The Worst?

August 27, 2021

Prime Minister Justin Trudeau did the worst job with housing in the history of leaders. No, it was definitely Prime Minister Stephen Harper that oversaw the worst… No… this goes back to… Brian Mulroney? Uh, that was 30 years ago, but whatever.  Ever since Canada’s election kicked off, everyone’s been arguing about housing. More specifically, […]

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Canada

Canada’s Election Will See Renters Outnumber Homeowners In BC and Ontario

August 26, 2021

The Canadian election is ramping up, and housing is becoming the hot button issue. Media pundits have been claiming it’s a relatively small issue, that just happens to be very loud these days. Crunching the numbers for eligible voters in BC and Ontario, that doesn’t appear to be the case. The majority of eligible voters […]

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Canada

One of Canada’s Largest Real Estate Lobbies Lost Their Sh*t Over An Election Promise

August 24, 2021

One of Canada’s largest real estate associations was less polished than usual.. Earlier today, the ruling Liberal Party of Canada (Liberals) announced their housing platform for the election. Amongst the new proposed tools to tackle soaring home prices was a ban on blind-bidding.  The Ontario Real Estate Association (OREA), a lobby group for Realtors in […]

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