Our community understands all too well that many Canadians are being priced out of the housing market. The dream of becoming a homeowner is often out of reach. That is why through #YourBudget2019, we are making significant investments for you and your family to succeed in the housing market.
Some of those investments include:
🏠 Introducing the First-Time Home Buyer Incentive, which will make home ownership more affordable for first-time buyers by helping them lower their monthly mortgage payments.
🏢 Having a flexible and increased Home Buyers Plan allowing for Canadians to withdraw an additional $10,000 from their RRSPs.
🏘 Increasing the supply of housing and helping to build 42,500 new housing units in communities across Canada with low rental supply.
Burnaby and North Vancouver, that's real help for young Canadians and families who want a safe and affordable place that they can be proud to call home.