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to make affordable real estate ndp plan more canadian outlines

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Ndp Outlines Plan To Make Canadian Real Estate More Affordable
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#1
NDP housing policy so far,

Minimum 500,000 affordable homes.

Removing GST/HST in the construction of affordable housing

Re-introduce 30-year terms to CMHC insured mortgages on entry-level homes for first time home buyers allowing smaller monthly payments

Stop money laundering by working with the provinces to create a public beneficial ownership registry to increase transparency about who owns properties, and require reporting of suspicious transactions in order to help find and stop money laundering.

Will provide resources to facilitate co-housing, such as model co-ownership agreements and connections to local resources, and ease access to financing by offering CMHC-backed co-ownership mortgages for people who want co-housing.

20% buyers tax on foreign home ownership

Their affordability policies.


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