What are the parties promising on Home ownership?

Home ownership platforms

Here's what the 2025 Canadian election parties are promising.

Remove the GST on the sale of homes up to $1M for first-time homebuyers

"Cut the GST for first-time homebuyers on homes up to $1 million. Canadians will save up to $50,000, allowing more young people and families to achieve their dream of homeownership. This will lower upfront costs so Canadians can keep more of their hard-earned money." — liberal.ca, retrieved 2025-04-23
Lower the GST on homes between $1M and $1.5M for first-time homebuyers
Look at barriers to longer interest rate terms on mortgages

"Make mortgage payments more affordable by reviewing Canada’s mortgage market with the objective to offer Canadians more options while retaining stability in the market. This work will look at barriers to longer interest rate terms on mortgages, which would give Canadians more financial stability." — liberal.ca, retrieved 2025-04-23

Remove the GST on the sale of new homes up to $1.3M, and cut $8B of current government housing initiatives to pay for it

"A Poilievre government would fund this homebuyers’ tax cut by eliminating $8 billion of the Liberals’ bureaucratic housing schemes that have only driven up housing prices. Conservatives will also incentivize municipalities to free up land, speed up permits and cut development charges to build 15% more homes each year." — conservative.ca, retrieved 2025-04-17
Remove the requirement to report home sales to the CRA

Proposer une aide fédérale majeure aux acheteurs d’une première propriété de valeur raisonnable afin de les aider à finaliser leur mise de fonds
Abolir la TPS pour les premiers acheteurs sur les services afférents, comme les notaires, inspecteurs en bâtiment et arpenteurs, entre autres
Hausser à deux ans la période durant laquelle un propriétaire doit conserver une propriété pour bénéficier de l’exemption de gain en capital sur les profits de la vente, en maintenant les exceptions existantes
Rembourser la TPS sur les maisons neuves pour les premiers acheteurs

Have the Canada Mortgage and Housing Corporation offer low-interest public-backed mortgages for first-time homebuyers

"We will also help more people buy their first homes, by unlocking the financial power of the Canada Mortgage and Housing Corporation (CMHC) to offer low-interest public-backed mortgages." — ndp.ca, retrieved 2025-04-19

We don't have any Green policies on Home ownership.