Mr. Speaker, actually, the Liberals' own housing adviser said that the Liberal plan is “turning out to be nothing more than a heist of tax dollars flowing from the feds to the municipalities.”
They fund bureaucracy and photo ops, not building new homes. It used to be, in this country, that it took 25 years for the average family to pay off their house. Now it takes 25 years just to save up for the down payment. Our plan on an $800,000 home would save a new homebuyer $2,200 a year in mortgage payments.
Eight hundred thousands dollars used to buy a mansion; now someone is lucky if they get four walls and a roof in Toronto or Vancouver, so why not adopt our plan and axe the tax off new homes?