We have the new home program going until, I believe, the end of March 2030 for first-time homebuyers. We have the supplemental GST piece that applies to all new homes; it goes until, I believe, March 7, 2027. That's a really short one. It's one year. Is that going to stimulate the market, or has it been counteracted by the prospect of higher interest rates? I don't know the answer. It's too early to tell, frankly.
What I would love to see is a much longer timeline on the additional GST cut, if the government can afford it. I've asked the minister.
Why don't I cut my answer really short? I asked, “How about a 50% off deal?” Right now, if there are no housing sales, you're getting zero, but if you have a 50% off sale, would that stimulate the buyers and the supply?
