Federal Liberals’ plan to help first-time homebuyers to kick in weeks before election – Revelstoke Review CMHC defends mortgage stress test changes amid calls for loosening rules – Port Alberni Valley News CMHC Mortgage Rules – Alternative Mortgage Solutions – Canadian Mortgage and Housing Corporation Mortgage Rules.
The Liberals hope a foreign-buyers tax, plus the extension of rent control, will help Premier Kathleen Wynne regain some of her popularity and give them a chance to win again in 2018.
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Allison Jones and Shawn Jeffords, The Canadian Press. Published Tuesday, December 19, 2017 12:27PM EST. The new year is expected to start the unofficial countdown to Ontario’s June election, with key pledges from the governing Liberals kicking in and the Tories working hard to sell their early platform.
Parliamentary budget watchdog puts new numbers to Liberal child benefit.. after the next scheduled federal election in 2019.. if the government in 2020 follows through on the Liberal plan.
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Ontario Liberal government will announce the strategy in Monday’s fall economic statement. Home sales in Vancouver began to dip before the tax was introduced in August, but those declines have accelerated since, plunging nearly 39 per cent last month compared with October 2015. The Ontario real estate association has asked the government to exempt first-time buyers from the land transfer tax to help them get into the market.
BC Budget 2016 will be tabled tomorrow but we already know it will include a break on MSP premiums for some single parents, $50 million for new affordable housing initiatives this year (with funding also committed in each of the next four years), help for first-time home buyers, more resources for the long neglected BC child welfare system.
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· OPEC, the supplier of more than 40 percent of the world’s oil, plans to cut output for the first time in almost two years as the worst financial crisis since the 1930s sends crude toward $50 a barrel. Options contracts to sell oil at $50 by December soared 28- fold in the past two weeks on the New York Mercantile Exchange.
. earn under $120,000 a year A new federal program aiming to give homebuyers some help covering their mortgage costs will kick in on Labour Day – weeks before a federal election – with the first.