Hopefully, as you’re reading this, you’re aware that Canada is currently in the midst of a federal election campaign. If this is news, please visit Election Canada to learn more about where to vote and to exercise your franchise (if you’re a Canadian citizen). If you’re also curious as to why politics is mentioned, here in a real estate blog, the short answer: party platforms.
There’s an old saying amongst former political staffers, election volunteers and those in the media, “campaigns matter”. This election is no different, so again, please vote. But more importantly, this go-around, all the major national parties have promised measures that will undoubtedly effective the market and real estate in general.
Are you a first-time homebuyer?
Do you live in a multigenerational household?
Do you invent in Real Estate Investment Trusts (REITs)?
Do you “flip” homes?
All these categories and more have been mentioned in this federal election campaign. So make you’re informed, educated and know what your local candidate(s) and their parties stand for.
Looking for a quick version? Check out this link from Canadian Mortgage Trends.