Housing was the topic for Justin Trudeau during a campaign stop in Ontario on Tuesday.
The Liberal leader released his party’s three-part housing plan they say will help more Canadians own a home.
“We’ll get you to a down payment with a plan worth tens of thousands of dollars when you buy your first home and the launch of a new rent-to-own program,” Trudeau told reporters.
The Liberals are promising to create a home buyer’s bill of rights to make the process of home buying more transparent.
The plan also included banning blind bidding, establishing a legal right to a home inspection, and banning new foreign ownership for two years.
“You shouldn’t have to move far away from your job or school or family to afford your rent. You shouldn’t lose a bidding war on your home to speculators. It’s time for things to change,” said Trudeau.
The Liberals also committed to building, preserving or repairing 1.4 million homes in four years in an effort to help increase the supply of available homes.
