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Old 08-17-2021, 01:05 PM   #2399
pastarocket
Willing to sell body for a few minutes on RS
 
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The Cons election platform:

https://www.cbc.ca/news/politics/con...form-1.6142319

I think that realtors in Canada would scream bloody murder if the Cons won the election and put this policy into place:

O'Toole to ban foreigners from buying homes for two years

Beyond job-creation measures and child care, the detailed platform includes a number of populist-minded measures — a tougher regulatory stance on cell phone companies, a crackdown on grocery price fixing and new legislation to "open banking so Canadians can connect with fintech companies that can provide a better offer for banking services."

A Conservative-led government would also order the Competition Bureau to investigate bank fees. O'Toole said he would allow foreign telecommunications companies to offer cell phone service to Canadians to drive down prices, "provided that the same treatment is reciprocated for Canadian companies in that company's country."

To address the issue of affordable housing — Canada's sky-high average real estate prices are typically higher than those in Western countries — O'Toole would ban all foreign investors from buying homes here for at least a two-year period.

In the last federal budget, the government pitched a one per cent tax on foreign-owned vacant homes to reduce home price inflation driven by foreign nationals scooping up Canadian homes
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