2 Federal Ministers Discuss Canada’s New Housing Plan
Interviews with Housing Minister Sean Fraser & Shadow Housing Minister Scott Aitchison
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We don't get political on the show, but when given the opportunity to interview the two main ministers in charge of housing in this country, you take it.
Please, sit back, buckle up, and enjoy back to back interviews with Minister of Housing Sean Fraser & Scott Aitchison, Shadow Minister for Housing as we ask tough questions on the new housing plan.
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Some key takeaways from this episode:
Both parties see small scale real estate investors as a crucial part of solving the housing crisis by creating new housing.
Both parties in Canada are really serious about solving the housing crisis, and are treating it as a priority.
Investors will be able to use a newly accelerated depreciation to tax-incentivize their investments.
The government plans to connect the CRA to banks for income verification to squander mortgage fraud.
Major transit station areas are going to be established federally, and could include transit stations of all scales, including smaller markets.
The government realizes that speeding up timelines on CMHC financing will have a big benefit, and it’s something they want to do.
The government will take an “industrialization” approach to housing construction.
The opposing party is concerned about execution. The Liberal party is empathetic to concerns like this, and intend to deliver.
Check out Canada’s housing plan for yourself here:
Awesome interview!!!