With regard to the First-Time Home Buyer Incentive (FTHBI) announced by the government in 2019, from September 1, 2019, to date: (a) how many applicants have applied for mortgages through the FTHBI program, broken down by province and municipality; (b) of the applicants in (a), how many have been approved and have accepted mortgages through the FTHBI program, broken down by province and municipality; (c) of the applicants listed in (b), how many approved applicants have been issued the incentive in the form of a shared equity mortgage; (d) what is the total value of incentives, shared equity mortgages, under the program that have been issued, in dollars; (e) for applicants who have obtained mortgages through the FTHBI, what is the (i) value of each mortgage granted, (ii) average mortgage value of the mortgages granted; and (f) what is the total aggregate amount of money lent to homebuyers through the FTHBI?
In the House of Commons on April 17th, 2023. See this statement in context.