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Government Policy
CMHC changes rules for first-time buyer shared equity incentive program
Thursday, June 09, 2022
Metro Vancouver first-time home buyers now qualify at a $150,000 annual income, with a borrowing amount of 4.5 their qualifying income. (2 minute read)
Legislation
Market housing – major federal government help coming
Wednesday, January 12, 2022
In mandate letters to the housing and the finance ministers, the prime minister outlined top priorities such as developing a Fairness in Real Estate Action Plan and a new anti-flipping tax. (3 minute read)
Taxes
Five ways the federal economic and fiscal update affects you
Wednesday, January 12, 2022
The latest Economic and Fiscal Update includes funding for COVID and affordable housing, an underused housing tax, an air quality improvement tax credit, and an enhanced COVID home office expense deduction. (1 minute read)