TwitterRss

Federal Political Update

Home/Federal Political Update

Election platform comparison – tax

2021-12-17T11:55:36-05:00

CANADIAN GENERAL ELECTION 2021 COMPARING THE MAIN PARTIES’ ELECTION POSITIONS TAX Federal tax policies can have a major impact on Canada's rental housing industry. See CFAA's platform breakdown of how each major parties' proposed tax policies could affect the rental housing industry. Click the icon below to access CFAA's comparison of the major parties' tax proposals. Note that CFAA does not endorse political parties, since we have to work with whichever party or parties form the government. However, in order to inform CFAA’s members of the parties’ positions in relation to rental housing issues, CFAA compares [...]

Election platform comparison – tax2021-12-17T11:55:36-05:00

Where do the main parties stand on tax issues?

2021-12-17T11:55:42-05:00

Where do the main parties stand on tax issues? Canada’s federal general election 2021 will take place on September 20. CFAA does not endorse political parties, since we have to work with whichever party or parties form the government. However, in order to inform CFAA’s members of the main parties’ positions on rental housing issues, CFAA compares their positions. This e-Newsletter compares the parties' positions on income tax issues which can affect rental housing providers. A future e-Newsletter will address energy and climate change issues. Visit https://cfaa-fcapi.org/election-platform-comparison-tax/ to see more details, and CFAA's positions on the various issues. Both the Liberals and [...]

Where do the main parties stand on tax issues?2021-12-17T11:55:42-05:00

Where do the main parties stand on housing issues?

2021-12-17T11:55:47-05:00

Where do the main parties stand on housing issues? Canada’s federal general election 2021 will take place on September 20. CFAA does not endorse political parties, since we have to work with whichever party or parties form the government. However, in order to inform CFAA’s members of the main parties’ positions on rental housing issues, CFAA compares their positions. This e-Newsletter compares the parties' housing positions. Future e-Newsletters will address tax issues and energy issues. Visit https://cfaa-fcapi.org/election-platform-comparison-housing/ to see more details, and CFAA's positions on the various issues. The Liberals say more housing supply and more affordable housing supply [...]

Where do the main parties stand on housing issues?2021-12-17T11:55:47-05:00

Election platform comparison – housing

2021-12-17T11:55:53-05:00

CANADIAN GENERAL ELECTION 2021 COMPARING THE MAIN PARTIES’ ELECTION POSITIONS HOUSING AND INCOME SUPPORT Housing has become one of the biggest issues in the upcoming election. Every party is proposing their vision of how they would improve Canada's housing market and improve housing affordability for Canadians. Click the icon below to access CFAA's comparison of the major parties' housing proposals. Note that CFAA does not endorse political parties, since we have to work with whichever party or parties form the government. However, in order to inform CFAA’s members of the parties’ positions in relation to rental [...]

Election platform comparison – housing2021-12-17T11:55:53-05:00

Snap Election Called for September 20, 2021

2021-12-17T11:55:59-05:00

Election Called for September 20, 2021 On August 15, 2021, Prime Minister Justin Trudeau called a general federal election for September 20, 2021. Pre-election polling consistently suggested the Liberals could increase their minority government and potentially win a majority. However, the Liberal polling numbers declined among a general distaste by the electorate for the calling of an unnecessary election during the pandemic. At the time of dissolution, the Liberals held a strong minority, holding 155 of the 338 in the House of Commons. They would need to gain only 15 seats to reach the 170 seats needed for a majority. [...]

Snap Election Called for September 20, 20212021-12-17T11:55:59-05:00

Federal funding available for some electric vehicle charging stations

2021-12-17T11:56:16-05:00

Federal funding available for some electric vehicle charging stations Multi-residential rental providers need to get on-board with charging stations or we will lose tenants. Natural Resources Canada is now accepting project proposals for funding consideration under the Zero-Emission Vehicle Infrastructure Program (ZEVIP). This RFP (request for proposal) targets projects for electric vehicle charging and hydrogen refuelling infrastructure in public places, on-street, multi-unit residential buildings (MURBs), workplaces and for light-duty vehicle fleets. Funded through Budget 2019 and the 2020 Fall Economic Statement, the ZEVIP supports the deployment of a network of zero-emission vehicle chargers (Level 2 and higher) and hydrogen refuelling infrastructure in more localized areas [...]

Federal funding available for some electric vehicle charging stations2021-12-17T11:56:16-05:00

Implications of Budget 2021 – next CFAA events: May 4, 5, 6 & 13

2021-12-17T11:56:28-05:00

Benjamin Tal opens CFAA Conference Recently, Benjamin Tal, Deputy Chief Economist for CIBC World Markets, gave an insightful presentation to kick off the 2021 CFAA Virtual Rental Housing Conference. (A recording of that talk is available for purchase here) Benjamin eased some of the concern that the federal government may raise taxes to pay off its debt. He pointed out that governments do not pay off their debt. They roll it over, until it becomes minimized by inflation. On-going deficits need to be reined in, but one-time deficits can be carried in the debt without much harm. Raising taxes would tend [...]

Implications of Budget 2021 – next CFAA events: May 4, 5, 6 & 132021-12-17T11:56:28-05:00

CFAA comments on the CMHC rental report for Oct 2020

2021-12-17T11:56:53-05:00

News Release Recent changes temporary - Governments need to make the tax and development climate better for rental investment According to CMHC, the average rental vacancy rate in major centres across Canada increased from 2.0% in October 2019 to 3.2% in October 2020. According to CFAA’s members, vacancy rates generally increased in the city centres and university towns, while staying flat in suburbs and in smaller centres which do not serve universities or colleges. CFAA President, John Dickie, says, “Despite the increase in vacancy rates due to COVID-19, there remains an underlying shortage of rental housing, especially in Greater Toronto [...]

CFAA comments on the CMHC rental report for Oct 20202021-12-17T11:56:53-05:00

What does the Fall Economic Statement mean for rental housing providers?

2021-12-17T11:57:07-05:00

What does the Fall Economic Statement mean for rental housing providers? Finance Minister Freeland delivered the Fall Economic Statement on November 30. The main areas on which the Statement affects rental housing providers are the following: Rental Construction Financing Initiative (RCFI) Energy subsidies A small expansion of the First Time Homebuyers incentive No new taxes on rental investments Rental Construction Financing Initiative (RCFI) The government has announced another $12B of loan support for new rental construction under the Rental Construction Financing Initiative (RCFI) over the next seven years. That is [...]

What does the Fall Economic Statement mean for rental housing providers?2021-12-17T11:57:07-05:00

Take care NOW to maintain your access to CMHC-insured funds

2021-12-17T11:57:16-05:00

Take care NOW to maintain your access to CMHC-insured funds As a result of CMHC’s mortgage insurance changes announced on May 28, rental housing providers need to take new steps if they want to maintain maximum access to CMHC insured funds. The new rule is that CMHC insurance can no longer be used to insure funds which include equity take out from rental housing, except for the first insured financing for a newly constructed rental building. Generally, insured funds must be used for permitted purposes, which include the purchase of rental housing, capital repairs to rental housing, and construction of [...]

Take care NOW to maintain your access to CMHC-insured funds2021-12-17T11:57:16-05:00
Copyright © Canadian Federation of Apartment Associations | All Rights Reserved | Powered by Membee | Privacy Policy
Toggle Sliding Bar Area
Go to Top