Assistance programs help homeowners who are at risk of losing their homes due to financial difficulties by providing financial support or restructuring loans. Proponents argue that it prevents people from losing their homes and stabilizes communities. Opponents argue that it encourages irresponsible borrowing and is unfair to those who pay their mortgages.
Statistics are shown for this demographic
Province/Territory
Response rates from 221 Federalism voters.
38% Yes |
62% No |
38% Yes |
62% No |
Trend of support over time for each answer from 221 Federalism voters.
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Trend of how important this issue is for 221 Federalism voters.
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Unique answers from Federalism voters whose views went beyond the provided options.
@B43P7NP1mo1MO
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.
@B4VD8NV4hrs4H
Yes but there should be a review of their finances to ensure the program is not abused by irresponsible borrowers.
@B4TXJ28 14hrs14H
Yes but only if they are not multiple time offenders and are not constantly making bad financial decisions
@B4RFJ3K5 days5D
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.
@B4PPBZN7 days7D
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.
@B35DJCP2mos2MO
Yes, but only on primary residences and not for any investment properties which have fueled real estate speculation
@B34JYJP2mos2MO
Government should have programs available for people to access depending on circumstances of foreclosures
@B32CD5R2mos2MO
CMHC should protect the home owner and not the bank. Since it is the home owner who pays the premium
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