In September 2019 the government introduced a plan where prospective home buyers can finance 5-10% of their mortgage via a shared equity program administered by Canada Mortgage and Housing Corporation (CMHC). Households who make $120K or less and put down 5% will qualify for the program which will cost an estimated $1.25 billion.
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@9HV5QFW1yr1Y
No. The housing sector should be nationalized, with rent paid directly to local governments on decades-long leases like in China or how it used to be in the USSR.
@9FGQD5G2yrs2Y
STOP Allowing the commodification of housing. Housing ,food ,water and heating energy should be basic necessities in a northern country(Federally regulated) NOT for the profit of a few psychopaths.
@9FDGX7J2yrs2Y
If they have a family then yes
@93KS3GS3yrs3Y
Yes, but at this point in the economy, the minimum amount people need to make to get help should be raised. A combined family income of $120k is not enough to buy a house on their own. The government should also limit the number of homes that can be bought by a single person or corporation.
@8VJGW544yrs4Y
Yes, foreign buyers should be banned or heavily taxed
@8VHSMJQ4yrs4Y
Only with limitations on how much the house can be resold for and/or thru building social housing available to purchase with qualifications/criteria such as income level, availability of suitable housing etc
@8V8T75M4yrs4Y
No, but the government should ensure that affordable residences for rent exist for people unable to purchase homes
@8V7HK5W4yrs4Y
Subsidize legitimate Canadians and restrict laundered money using our realty as a safe haven
@8TY2YD24yrs4Y
Subsidize everyone including the poorest ghettos in the downtown east side to remove the homelessness from the downtown east side including the rich
It depends on how many household members they would be supporting
@8HWQNFG5yrs5Y
They should help manage the cost of homes and allowing foreigners in
@9C7ZMY7Conservative2yrs2Y
Yes but only on the first purchase of a house
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