Tom Kmiec at the Human Resources, Skills and Social Development and the Status of Persons with Disabilities Committee

On May 16th, 2019. See this statement in context.

May 16th, 2019 / 12:55 p.m.

Conservative

Tom Kmiec Conservative Calgary Shepard, AB

Okay, then, we talked briefly about the B.C. home ownership plan at the public accounts committee and you mentioned that it was a different program.

I've been told now by several groups—and it's on the record at the finance committee—that it was a much more generous program than the shared equity mortgages being offered right now. Additionally, there was a 43,000-person target to reach. It only reached 3,000 after 15 months, and it was dropped as a program. The B.C. government abandoned it.

It shares a lot of similarities with the shared equity mortgage program as it's being proposed right now. Do you think that this is a mistake then to proceed with it?

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