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  • Faisal Susiwala
  • 2025-05-23
  • 645
NEW CHAPTER
HomeShack.comFaisal SusiwalaWaterloo RegionFor SaleJust ListedCambridgeKitchenerWaterloo
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Описание к видео NEW CHAPTER

Canada’s housing market is entering a new chapter — and it’s being written by the newly re-elected Liberal government.
After years of affordability challenges, low inventory, and rising rent, the government is introducing bold new policies that could reshape how Canadians buy, rent, and build homes.

Let’s break it down:
One of the biggest moves? The Affordable Housing and Groceries Act.
It removes the GST on new purpose-built rental housing until 2030.
That means lower construction costs — and more rental units getting built. It’s a direct response to Canada’s growing rental crunch.
Then there’s the Public Lands for Homes Plan.
Federal, provincial, and even municipal land is being unlocked for housing.
Cities like Toronto, Calgary, Ottawa, and Montréal will lease government-owned land to developers focused on affordability, not profit.
It’s about using what we already have to solve what we urgently need.
And to protect what’s already affordable, the government is launching a $1.5 billion Canada Rental Protection Fund.
This is designed to stop speculative investors from buying up older buildings and raising rents.
Instead, this fund helps non-profits and co-ops preserve affordable units for the long haul.

Now, let’s talk about buying:
If you’re a first-time buyer, there’s new support coming your way.
● The Home Buyers' PlanRRSP limit is rising to $60,000.
● You’ll now be able to get a 30-year mortgage if you’re buying a brand-new build.
● And for families building a secondary suite — think basement rental or in-law unit — the government is offering low-interest loans to help.

But what’s the bigger goal here?
The plan is ambitious: nearly 4 million new homes by 2031.
It’s about boosting supply, improving affordability, and opening doors for renters and buyers alike.
Of course, these policies are just the first step.
Success will depend on how well federal, provincial, and local governments work together to make them happen.

But one thing’s clear:
A new era is here — one that aims to bring more homes, smarter incentives, and greater access for Canadians coast to coast.
The market is shifting — and it could finally be in your favour.

www.homeshack.com

#BuyWithFaisal #HousingMarket #WaterlooRegion #TopBroker #SellWithFaisal #TopAgent #RemaxHustle #HomeShack

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