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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The government should subsidize those who were originally able to afford a home on their salary, but may lose it to circumstances evidently out of control.
@9DRSS9J2yrs2Y
Yes dependant on the price of the home.
@8G3WF9Y5yrs5Y
Subsidize for home owners who make less than $40,000 dollars a year
@95HK34HConservative3yrs3Y
The government should subsidize housing developments to help companies offset their costs and lower the price of the houses
@942RRBV3yrs3Y
Dealing with housing in general is important. Purchasing might or might not be the right way.
@8TW4RDK4yrs4Y
No, they should just properly regulate the housing industry such that prices don't inflate faster than currency inflation.
@8THC23V4yrs4Y
Yes but only for home buyers who make less than $90K
@8TGH3P84yrs4Y
All housing should be free.
@8RGTCB64yrs4Y
They should provide a head start to for first time home buyers to get into the market but I don't think they should be given a full grant every time.
@8RB4X4Z4yrs4Y
Yes, depending on the region
@8PLK7TK4yrs4Y
if it’s one person paying for everything in the household
@8V3RSQ84yrs4Y
Yes, but only temporarily
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