Political Promises About Housing – Justin Trudeau

Trudeau pledged, if the Liberals are re-elected, of course, to expand the First Time Home Buyers Incentive (FTHBI), implemented September 2nd, to cover home values of up to $789,000, replacing the current cap of $480,000 in the hot housing markets of the Greater Toronto, Vancouver and Victoria.

The proposed expansion of the program does not apply to areas outside of those three markets.

Reference: https://globalnews.ca/news/5893892/trudeau-liberals-first-time-homebuyers-program-expansion-campaign-promise