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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@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.
@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
@8TNTQN54yrs4Y
They should give them subsidy according their circumstances, after all the government doesn't have that much money.
It depends on how many household members they would be supporting
@8LH6KQS4yrs4Y
It depends on the occupation of the home buyer
@8LH6KM74yrs4Y
depending on their occupation // their income , and hours of work
@8HWQNFG5yrs5Y
They should help manage the cost of homes and allowing foreigners in
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