Toronto – Canadians work hard to be able to afford a home. However, the high cost of mortgage payments are a barrier on the path to homeownership, especially for Millennials and Gen Z. To break down these barriers and help more young Canadians buy a first home, Budget 2024 announced the federal government would allow up to 30 year amortizations …
Toronto- Deputy Prime Minister Chrystia Freeland talked about putting homeownership back within reach and supporting Canadian homeowners. In Toronto, she said: I would like to start by acknowledging that we are gathered on the traditional territories of many nations, including the Mississaugas of the Credit, the Anishinaabeg, the Chippewa, the Haudenosaunee, and the Wendat Peoples. Today, too many younger Canadians …
Toronto – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Marci Ien, Minister for Women and Gender Equality and Youth, visited Canary Landing in Toronto to highlight how Canada’s economic plan is putting homeownership back within reach and building more homes, faster. The federal government’s economic plan is supporting the construction of new homes at Canary Landing, which …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Sean Fraser, Minister of Housing, Infrastructure and Communities, announced that more than 300,000 Canadians have opened a Tax-Free First Home Savings Account since April 1, 2023, which is making it more affordable for them to save for a down payment. The Tax-Free First Home Savings Account allows Canadians to …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that over 150,000 Canadians have already opened a tax-free First Home Savings Account to save for a down payment on their first home—putting homeownership back within reach across the country. The new tax-free First Home Savings Account is a registered savings account that allows Canadians to contribute up …
