Mr. Speaker, as a long-time member of the Toronto Real Estate Board I hope the government will extend the RRSP home buyers plan. Scheduled to expire on February 28, the plan links ownership with retirement planning.
The home buyers plan eliminates the question of whether to save for a down payment or retirement. It also recognizes the key role housing plays in economic growth. The program costs the taxpayer nothing to operate.
I believe an extension would show government support for the real estate industry. It would also help first-time buyers establish the dream of home ownership. Let us keep that ball rolling.