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May 2024 Trending Topic: Q1 2024 Policy Round-Up

May 21, 2024

In the April 2024 edition of the Presale Pulse Trending Topic, our hosts, Suzana Goncalves and Brittany Reimer dive into the Q1 2024 Policy Round Up. With the looming federal election, housing affordability emerges as a top concern, prompting various levels of government to introduce legislation to address this issue.

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Federal: 

The federal government emphasizes rental affordability through initiatives like the Apartment Construction Loan Program and the Canada Rental Protection Fund.

Provincial: 

On the provincial front, attention shifts to policies impacting homebuyers directly. The flipping tax aims to deter rapid property turnover, although its market impact may be limited.

Local: 

Local governments also make waves with increases in development cost charges, raising concerns about their potential impact on development viability amidst already thin margins.

CHAPTERS

  • Intro (0:00) 
  • New Immigration Policies (1:15) 
  • Immigration Sentiment (2:25) 
  • New Policy Announcements (3:20) 
  • Rental Insights (3:50) 
  • Government Support (5:25) 
  • Closing (8:50) 

ADDITIONAL LINKS FOR THIS EPISODE:

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