this post was submitted on 26 Nov 2024
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The feds doubled first time home buyer's tax credit (2022), set up a "first home savings account" (2023), offers a home buyer's plan, and some provinces offer their own rebates.
And as a reminder, even when the feds offer tax breaks to help people, Provinces bitch and complain, like with the recent announcement of a tax-break on certain consumer goods.
The feds announced an extension on bans on foreign ownership of Canadian housing.
There are a LOT of tax credits, rebates, and support for low-income individuals and families. Sure, we can always do more, but the feds have not stopped announcing new programs and extending existing ones.
Was affordability and housing prices a major problem back then? I don't seem to recall any of the same ongoing reports of people struggling back then.
Things like minimum wage are set by Provinces and territories. Only federal employees are impacted by the federal government's minimum wages.
Yes, we should always demand more. No doubt.
But it seems like the things you're asking for are already in place, and/or are the responsibility of the Provincial government.
Yes, this is what I'm saying. The federal government can do things to address these issues. I'm not a policymaker, I'm just some jackass sitting at a computer. A government with vision could make strides.
And to my initial point, a government that could build political bridges with the provinces would be even more effective.