The Minister of Finance and the Government of Canada are taking a multi-pronged approach to pre-budget consultations by calling on all Canadians to share what they believe their community and this country needs to create jobs, help small businesses, support economic growth and make Canada a better place to call home.
While a lone voice doesn’t have a lot of influence, over 110,000 voices certainly add up – and those numbers are hard to ignore. This is our industry’s opportunity to make sure our REALTOR® recommendations are part of the next federal budget and REALTORS® are key to making this happen. Here are our 2016 REALTOR® recommendations:
- Keep the Liberal election promise to expand the Home Buyers’ Plan to Canadians going through a significant life change, such as job relocation, divorce, death of a spouse or accommodating an aging family member.
- Index the withdrawal limit of the Home Buyers’ Plan to the Consumer Price Index (CPI). The cost of buying a home in Canada continues to increase while the plan’s value is decreasing.