Our Plan for Affordable Housing

We will make it easier for Canadians to find an affordable place to call home.

• As part of our new, ten-year investment of nearly $20 billion in social infrastructure, we will prioritize significant new investment in affordable housing and seniorsfacilities.
• We will undertake a review of escalating home prices in high-priced markets – like Vancouver and Toronto – to determine whether speculation is driving up the cost of housing.
• We will increase the new residential rental property rebate on the GST to 100 percent, eliminating all GST on new capital investments in affordable rental housing.
• This wll provide $125 million per year in tax incentives to increase and substantially renovate the supply of rental housing across Canada.