Proposed cap is a 5% non-permanent resident cap, and a cap of 1% annual population growth (416k). A 14% cut from last years numbers, a 53% increase over 2015.
Proposed cap is a 5% non-permanent resident cap, and a cap of 1% annual population growth (416k). A 14% cut from last years numbers, a 53% increase over 2015.
The conservatives want the GST off ALL new homes. The liberals just want the GST of First time home buyers buying new homes. The conservatives plan is just a 5% break for rich people buying houses, the liberals housing plan might actually see the new houses being built as affordable for first time home buyers over 30yrs with 5% down.
Yes they’re extremely similar policies and even that isn’t as black and white, although the Conservative plan benefits rich people and companies buying multiple homes it also benefits old people downsizing and freeing up their previous homes.
Both only affect new builds which are a tiny fraction of home sales.
Here’s a good analysis https://youtu.be/x5pPxhTNmqA
and another that includes the NDP
https://youtu.be/1k6hWGQ83l4