2019 Canadian Federal Election Results and the Real Estate Market
The 2019 Canadian federal election saw the Liberal Party of Canada win a minority government. As the new Parliament prepares to convene on December 5, we are looking at what the results might mean for the real estate market.
With pre-election pledges made to expand the First-Time Home Buyer Incentive, implement a 1% tax on properties owned by non-Canadian residents who don’t live in Canada, assist with energy efficiency, flood risk, and more, we are looking at what housing-related results could come from the election.
See our analysis on the GeoWarehouse blog and how to adapt to whatever changes come: https://www2.geowarehouse.ca/canadian-federal-election-2019-results-real-estate-industry/