Reduce incentives for speculation and house flipping Share We will establish an anti-flipping tax on residential properties, requiring properties to be held for at least 12 months. This will reduce speculative demand in the marketplace and help to cool excessive price growth. Changes in life circumstances due to, for example, pregnancy, death, employment, divorce, or disability will be exempt from this policy. As this tax is introduced rules will be established to ensure that sellers subject to this tax are able to deduct legitimate investments in refurbishment. Unlock Home OwnershipHelp renters become ownersAfford a downpayment, fasterMore flexible First-Time Home Buyer IncentiveSave on your closing costs of buying a homeReduce your monthly mortgage costs when you need it mostBuild More HomesGive cities the tools to speed up housing constructionBuild and repair more affordable housingConvert empty office space into housingHelp different generations of a family live togetherSupport Indigenous HousingEnd chronic homelessnessProtect Your RightsIntroduce a Home Buyers’ Bill of RightsCurb unproductive foreign ownershipStop Excessive Profits in the Financialization of HousingStrengthen federal oversight of the housing marketReduce incentives for speculation and house flipping