Both leaders, Poilievre & Carney, are focusing heavily on housing affordability through different approaches. Carney emphasizes first-time buyers and economic management, while Poilievre promotes broader tax relief and supply-side solutions. The real estate market is currently experiencing a slowdown as investors and buyers wait for election results.
- The Canadian federal election is scheduled for April 28, 2025
- Major housing policies from the two main candidates:
- Carney (Liberal):
- GST removal on new homes under $1M for first-time buyers only
- Plans to eliminate carbon tax
- Emphasis on economic stability
- Poilievre (Conservative):
- GST removal on all new homes under $1M
- Proposed 1031-style exchange program
- Links federal funding to municipal housing targets
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