Finance committee  Thank you, Mr. Chair and committee members. Let me start by saying that, like you, our members' work and personal lives are inseparable. They live where they work and they work where they live. They are in tune and engaged with their community. They work every day to make local

Finance committee  I relate it back to one of our proposals, about the reinvestment side of things. That proposal will encourage small investors—these are folks who are earning $50,000 a year—to indeed upgrade their properties, to reinvest in other properties, and to do some of the greening initiat

Finance committee  I'll make two comments. In order to temper the marketplace and to ensure that consumers were acting in a prudent manner, I think it has had the desired effect. We've seen some slowdown in the overall activities, so it has had its desired effect. Certainly, in our projections for

Finance committee  No.

Finance committee  I'd be interested to hear your response.

Finance committee  You were asking in terms of what...?

Finance committee  Well, there are a couple of things. Certainly, there are a number of properties that we know are simply not being turned over, by virtue of that tax disincentive. So it's going to be and it is targeted to the small investor, not to the real estate developer, to provide a more equ

Finance committee  To the best of my knowledge, it's not something we've looked at. But certainly we would take your question under advisement, reflect on it, and we'd certainly be happy to get back to you.

Finance committee  Sure. We've certainly modified our proposal, and it was to recognize the fiscal circumstances that are present now. Our prior proposal dealing with capital gains in general...we recognized there was a bottom-line impact on that. As such, we narrowed it down to looking at the dep

Finance committee  Based upon a survey of our members, I think it's a welcome program.

Finance committee  As far as I know, yes.

Finance committee  Good morning and thank you, Mr. Chair. On behalf of our over 107,000 realtor members, I'd like to thank the committee for the invitation to appear today. Like MPs our members do work that connects them very closely to their respective communities. Similarly, our goal is to make

Finance committee  That's correct. In those certain circumstances they would have an opportunity to utilize the program.

Finance committee  If I could, I'd like to call upon our chief economist and ask him to respond to the specific details, if that's okay.

Finance committee  That is correct.