Should the government provide assistance to homeowners facing foreclosure?

No

Completely dependent on the circumstances. For example, a person who has lost their job through no fault of their own should absolutely get help. But someone who is over leveraged and spending on things they cannot afford - no.

I would say yes, but needs to be case by case and cannot be repeat offenders. There will be a lot of homes put in this position when renewing mortgages now due to the property value inflation.

Only low-income workers or families that have lost family members that provided money towards the bills.

Yes depending on circumstances. Job loss due to sickness or other unexpected situations YES, job loss due to self inflicted issues (ex. drugs) NO

Maybe, but an investigation should take place inspecting the character of the homeowner and whether or not they should be eligible

Yes but there should be a review of their finances to ensure the program is not abused by irresponsible borrowers.

Yes but only if they are not multiple time offenders and are not constantly making bad financial decisions

Yes, but only if that person still has a job, family, and has a valid reason why they can't keep the payments up, and or it isn't nessicerily their fault for foreclosure.

No, but there should be an avenue for homeowners to be forgiven loans by the bank once the homeowner has paid enough to the bank to cover the amount initially loaned.

Yes, but only on primary residences and not for any investment properties which have fueled real estate speculation

Government should have programs available for people to access depending on circumstances of foreclosures

CMHC should protect the home owner and not the bank. Since it is the home owner who pays the premium

it depends on the circumstance, not if they were laid off due to company closing and lack of jobs available for example then yes. no if they can not provide evidence proving they were laid off with such a reason and haven't been actively looking for a JOB THAT CAN PAY WHAT THEY NEED TO AFFORD to live with today's inflation

Mortgage rates should be lower and locked in longer. No bank should give a mortgage for a house you can't afford

Yes, because they will be homeless otherwise. Giving them money might be useless—but if that were an option, the government should instead tell them to buy a cheaper home and support them in that endeavour.

If it's their only house and are going to be homeless without help

I think it should depend on the circumstances and past financial history and current circumstances.

I think it depends on why they are facing a foreclosure. If it is because they choose to live outside of their means then they should not receive assistance. If they are facing foreclosure because of job loss and are actively making an effort to help themselves then they should receive assistance.

Yes, only under specific circumstances and be strictly regulated to prevent irresponsible borrowing

Yes, but there should be regulations on who can receive this assistance, for what reasons, and how many times.

there should be some sort of assistance that one would apply for. I feel that some small assistance may help a family in a tight situation and get them back on track without a total loss.

depending on the scenario whether foreclosure is their fault or just an act of God, if it is their own fault than the government should not provide support, if it is truly an act of God then I believe that is when they need assistance.

They should provide assistance only for properties up to a certain amount. If someone bought a luxury property and are spending well beyond their means and can afford to downsize, they should not be helped. But for average families in a small home, townhome or condo, should be helped.

Yes, assuming the owner's don't own multiple properties, etc

Only if the homeowners can show that they use the money for proper uses.

Yes, but the amount for foreclosure should vary depending on the person's income.

Only if the homeowners are actually trying to pay bills instead of being lazy and on drugs/alcoholic/a gambler

Govt could buy out the property for resale so the homeowner does not lose everything

No, they should not own the home if they can't pay for it.

If it’s possible and people don’t take advantage of it, sure.

Yes, however it should be in the strict form of a loan from the government and should not have the same advantages of paying off a mortgage set up by a lender

Only if they're unable to make mortgage payments as a result of illness or injury preventing them from working.

Yes, but only if the person did not get into that situation through bad personal financial decisions

Yes, but not to save them economically, instead make sure they have a second living option provided by the government.

Yes, as long as it is from situation out of their control (death of partner, job loss, disability, etc)

It depends, if the person facing foreclosure has no history of reckless spending or fiscal irresponsibility then they should be provided resources that enables them to find housing.

Yes, by offering restructured loans. Financial support provided by the government should be subject to low-interest repayment after five years

That depends on if they fraudulently for the mortgage to begin with. We need to live within our means.

Yes, but only if it is needed and the need is out of genuine incapability to come to financial stability. For Example, being laid off from a main provider of income. Example of ingenuine incapability, quitting your job, mental stress.

This is not a question that can be answered generally. I think this should be done on a case-by-case basis, and those who qualify should be helped, and those who don't should not be.

as long as the people can show that it is going to good use and they are using it for what it is intended. or if they have a good record

Yes, but only if it's is proven that they cannot afford to downsize based on a maximum number of residents in the household. (Id 3 families live in a large house and can't afford it, don't help them).

Yes if the foreclosure is due to inflation rather than not working

If they do not have enough money to keep the place running.

Yes but only if they are a low income family and/or they must meet certain criteria for this.

Depends on circumstances, generally no. During a mass event such as pandemic yes.

Yes, but support should only be on a case by case basis.

Bad financial planning is of no fault to the government

The government should invest in social and public housing.

only people who are canadian born and under 150k. honest working class income

Yes, but only if situations beyond the individuals control contributed to the risk of foreclosure.

It would have be a case by case and involve a lot of grey area

Yes, unless that homeowner has more than one home.

Yes, but the homeowner will be placed in a mandatory financial management program.

Yes. If large corporations are eligible for bailouts and financial aid when they can't pay their bills and interest, then so should homeowners.

I guess that depends. It's part of the whole economic problem at the moment. In cases like 2008, yes, they should have. But our case was not like the US, so more of a theoretical question I think.

Yes, if the homeowner has proven to be financially responsible but was unable to make ends meet due to genuine extenuating circumstances

It depends on the situation at play. If ur someone making a lot of money and spending more than u have no the government should teach u a lesson but if ur a single mother or a low income family that lives within there means and is struggle absolutely the government should help out a bit but give you resources to help you better finance

A Universal Basic Income should prevent financial difficulties that lead to homes facing foreclosure.

In your opinion, does everyone deserve a second chance when it comes to financial mistakes, or should the consequences be final to teach financial responsibility?

Could assistance programs for homeowners create a precedent where people take on loans they can't handle, or do they encourage responsibility by helping them get back on their feet?

What role do you think compassion should play in addressing financial struggles, or should economic fairness be the primary focus when considering aid?

Have you ever known someone who experienced foreclosure, and how do you think such assistance programs might have helped or hurt them?

Should there be a safety net for people who fall behind on their mortgage, or could that create a situation where some people take advantage of the system?

How would losing homes in your community impact the neighborhood, and what value do you see in keeping people in their homes?

How would it feel to lose your family home due to unforeseen circumstances, and what steps do you think should be in place to prevent that situation?

Do you believe it's society's responsibility to help individuals facing financial hardship, or is it up to each person to handle their own debts?

if they’ve shown there using money for important things like survival needs instead of drugs and alcohol

When some people receive help with their mortgage and others don't, do you think this creates an unfair situation, or is it just a necessary part of helping the most vulnerable?

If you were struggling with a mortgage, how would assistance change your situation, and would it feel like a handout or a chance to rebuild?