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Unpacking the Liberal’s ‘Housing First’ Federal Budget

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As they head off low polling numbers ahead of next year’s election, Canada’s governing Liberals have released a federal budget largely focussed on Canada’s housing availability and affordability crisis. Urmi and John discuss the background and efficacy of the many measures proposed. What if anything will actually work?

0:00 Intro
00:53 A New Housing Story
05:45 Who Does What?
08:50 Immigration Key to Housing
15:23 Affordability Housing Measures
17:10 Supply Side Goals & Measures
22:15 Today’s Challenges vs. Past
26:16 New Home Building Tech
28:45 Homeowner Support for Additional Units
30:23 Increasing Labour Force
33:10 Modernizing Data
35:13 Demand Side Measures
Immigration Levels Better Managed
37:07 Renter’s Bill of Rights
38:06 FirstTime Home Buyers Measures
41:04 Limiting Investor Actvity
51:04 Vacant Land Tax
56:19 Capital Gains Tax Increase
1:01:36 Overall Verdict

Today’s Show Links:

The Liberal Government Federal Budget 2024: https://budget.canada.ca/2024/homeac...

The Liberal Government’s 2024 Housing Policy “Solving the Housing Crisis: Canada’s Housing Plan”: https://www.infrastructure.gc.ca/hous...

CMHC Housing Affordability Report: https://www.cmhcschl.gc.ca/professio...

John discusses the Federal Liberal Government ‘Renter Bill of Rights’:    • Why the Liberals ‘Renter Bill of Righ...  

John discusses the Federal Government’s Extension of Mortgage Terms to 30Y for FirstTime Buyers of New Builds:    • 30Y Mortgages & More: A Look at Liber...  

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Connect with Us

John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: [email protected] | Twitter: @JohnPasalis

Urmi Desai, Editor, Move Smartly | Email: [email protected] | XTwitter: @MoveSmartly

About This Show

The Move Smartly show is cohosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.

You can listen to the Move Smartly show on your favourite podcast platform using this link (new episodes drop Tuesdays): https://link.chtbl.com/movesmartly

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