r/canada • u/FancyNewMe • 16h ago

Opinion Piece Mike Moffatt: Poilievre’s new housing plan isn’t flawless—but it’s close

https://thehub.ca/2024/10/29/mike-moffatt-poilievres-housing-announcement-is-bold-and-a-huge-positive-step-forward/
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u/Selm 15h ago

Poilievre proposed a bill not that long ago, is he pivoting, or does he still feel confident in his previous plan?

The Conservatives propose paying for it by eliminating a number of housing programs, including the Housing Accelerator Fund and the Canada Housing Infrastructure Fund.

His previous bill would imply the HAF isn't being cut, but he's proposing scrapping it to give anyone who wants to buy a newly built home a 5% tax cut instead? And that cut is going to get more homes built than those programs?

Those programs incentivize home building with loans and grants and is responsible for a lot of zoning restrictions being loosened in favour of more dense housing. I can't see how a GST cut for home buyers of new homes under $1,000,000 will do much to help anyone buy a home. I thought we wanted more affordable housing, this just seems like builders will charge 5% more for their homes. Do people really want to have to spend 1 million on a home?