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Economic growth patterns are being driven by tariff avoidance in the first quarter, but signs of slowing are emerging.

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2025 Federal Election Housing Advocacy

Measures of economic resilience, housing supply, and cost of living were top-of-mind issues throughout the 2025 federal election campaign. But what are the key housing priorities for the next Canadian government, and how should they handle them?

Providing Independent Analysis

BCREA’s Government Relations department is an independent, non-partisan source for housing information, delivering researched-backed analysis during election season and beyond.

Much of the content below has been developed by the Canadian Real Estate Association (CREA) in their role of national government relations and policy development. CREA is also an independent, non-partisan organization.

Check out BCREA and CREA’s key positions and articles from the lead-up to election day below.

Canadian Political Landscape

The Canadian political landscape is structured as follows:

  • The Conservative Party of Canada is a right-leaning party with a focus on fiscal restraint, small cost-effective government, and economic diversification.
  • The Liberal Party of Canada is left-leaning and has focused on environmental policy, social provision, and, in more recent days, business resiliency and trade diversification.
  • The New Democratic Party is traditionally strongly left-leaning, focusing on issues such as national dental care and rental protections.
  • The Green Party of Canada is typically left-leaning with a social and environmental consciousness.
  • Bloc Quebecois has focused significantly on issues of Quebec sovereignty, and has shown support for the Kyoto Protocol, LGBTQ rights, and abolition of the Canadian Senate.
  • Others: There are a variety of additional political parties in Canada. You can read more about them here.

Below you will find our list of important housing questions for candidates. We also outlined ten CREA issues and two BCREA issues of organizational concern that we would like to see addressed by the next Canadian government.

Questions for Political Candidates

  1. Will your government support initiatives like the Housing Accelerator Fund?
  2. Will your government support initiatives like the Home Buyers’ Plan and the First-Time Home Buyer Incentive?
  3. Good infrastructure is critical to addressing supply issues. Would your government commit to tying infrastructure agreements to housing development projects to encourage the creation of more accessible housing supply across the housing continuum?
  4. With housing prices at or near all-time highs, what is your plan to support first-time homebuyers?
  5. What sustainability and environmental considerations would your government make when adopting and implementing policies that aim to address the housing and homelessness crisis in Canada?
  6. Recently, the federal government delayed the capital gains inclusion rate increase, from one-half to two-thirds on capital gains realized annually above $250,000, to January 2026. Would your government continue to support this policy?
  7. If elected, would your government continue to support the prohibition on the purchase of residential property by non-Canadians, set to expire by January 2027?

CREA Federal Housing Plan

CREA has endorsed the following ten-part housing plan, which provides a blueprint for the next federal government:

  1. Creating an immediate housing safety net to protect Canadians from the impacts of an economic shock. This includes introducing housing-focused benefits, bolstering social assistance, putting up guardrails to protect mortgages, and preparing Canada for an increase in asylum seekers.
  2. Protecting renters from falling into homelessness. With the risk of increased predatory market practices commonly seen in times of economic vulnerability, Canada needs to introduce measures including a freeze on no-fault evictions, support for rent banks, and introducing funds to support the acquisition and preservation of lower-rent housing, to ensure that people can keep their housing.
  3. Doubling the share of community housing. Through new policy tools such as a housing bond and an affordable housing tax credit, along with expanding and modifying existing Canada Mortgage and Housing Corporation programs, Canada can support the building, acquisition, and preservation of community and affordable housing.
  4. Ensuring access to the land and infrastructure needed to build communities. This includes expanding the Build Canada program, supporting the repurposing surplus and underutilized lands for housing, and identifying and incentivizing the use of municipal land to build community and affordable housing.
  5. Creating resilient housing material supply chains that can withstand tariffs and trade barriers. This could include reducing interprovincial trade barriers and measures to facilitate better access to products from non-American importers.
  6. Developing a housing skills agenda for Canada that equips our workforce. This would support the re-skilling of displaced manufacturing workers into housing-related careers and efforts to recruit skilled trade workers wishing to leave the United States.
  7. Reforming taxes to facilitate homebuilding. We must ensure that governments have the revenue they need for infrastructure and support, while also ensuring that taxes, charges, fees, and levies around homebuilding do not hinder development. This includes introducing incentives and supporting new models to build infrastructure instead of relying on development charges.
  8. Streamlining permissions to facilitate homebuilding. Through regulatory streamlining, communities can incentivize development and create improved housing outcomes.
  9. Accelerating innovation to build faster, less expensive, and better homes. There is no sustainable solution to Canada’s housing crisis that does not involve increased innovation. Through tax credits, investment funds, and improved procurement practices, Canada can incentivize low-carbon housing and accelerate the adoption of innovative and new homebuilding technologies and practices.
  10. Rapidly Expand Indigenous Urban, Rural and Northern (URN) Housing to meet the housing needs of First Nations, Inuit, and Métis peoples and communities. Beyond the other mechanisms that exist to bolster affordable and community housing, targeted investments and distinct supports are needed to rapidly increase and meet the housing needs of First Nations, Inuit, and Métis peoples and communities, including taking a for-Indigenous, by-Indigenous approach and expanding federal investment in URN.

You can review CREA’s full Election Toolkit here.

BCREA Federal Election Briefings

On top of those recommendations, BCREA endorsed two additional asks to government:

Issue 1: The Establishment of a Permanent National Housing Roundtable

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Issue 2: Federal Tax Reform and Policy Review

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Click the drop-down to see more issues

Issue 1: The Establishment of a Permanent National Housing Roundtable

It’s time for a stronger, smarter and better approach to national housing policy development. We would like to see the establishment of a small roundtable of ten to 15 private-sector policy experts serving the function of vetting new policy, bringing new ideas to the table, and reviewing for unforeseen consequences. This would ensure that any new housing policy has been thoroughly pressure tested before implementation.

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Issue 2: Federal Tax Reform and Policy Review

Over-taxation as well as under-researched and inefficient housing policies are hindering national affordability efforts. A review of these issues is increasingly urgent amidst US trade and tariff challenges. The time for action is now.

Financing Needed for New Housing Supply

  • The federal government would like to see close to four million new homes built over the next decade to improve housing affordability for Canadian families. That level of construction will require a substantial investment through some combination of pre-sales, financing from investment funds, and contributions from the federal government. The magnitude of necessary investment is in the trillions of dollars over the next decade.
  • One source of capital could come from a deferral of taxes on recaptured Capital Cost Allowance (CCA) and any accrued capital gains if the proceeds of sales are reinvested into a new rental development. Given the amount of capital required, we will also need to source investment from outside of Canada, which means allowing non-residents to purchase pre-sales or new construction.
  • Recommendations:
    1. We recommend allowing non-residents to purchase pre-sale and new construction and implementing a deferral of CCA and any accrued capital gains.
    2. A review of policies that disincentivize foreign investment would also be a beneficial undertaking.

Remove GST for All Buyers of New Construction for Principal Residence

  • Both leading political parties have made removing the GST on the purchase of a new home a centrepiece of their housing strategy:
    • Federal Liberal Proposal: The choice to include only first-time homebuyers in the scope of their recommendation limits the effectiveness of the Liberal proposal.
    • Federal Conservative Proposal: Expanding the elimination of GST on new housing for both primary and secondary properties may spur additional investment, but at a high fiscal cost. It may also tilt the playing field too much toward investors.
  • Recommendations:
    1. We recommend eliminating the GST for all new homebuyers of principal residences, up to a threshold that will ensure demand is focused upon missing-middle housing and density.
    2. This threshold should be set regionally, recognizing the large differences in home prices across Canada.
    3. To prevent costs from jumping once the regional price threshold is surpassed, we recommend establishing a cost-defined reduction of the GST owing.
    4. This GST elimination, in conjunction with the available 30-year amortization for mortgage qualification, will provide a meaningful boost to demand for new units helping to spur further new home construction.

Federal Funding to Lower Development Cost Charges and Fund Municipal Infrastructure

  • Rising development cost charges (DCCs) have become a significant barrier for new construction in many Canadian cities. While we recognize both the need to fund infrastructure and the difficulty in doing so within a limited municipal budget, the costs being passed on to new development are detrimental to the economics of many projects and will only result in cancelled or delayed development.
  • Recommendations:
    1. We propose that the federal government expand and reorient its Housing Accelerator Fund (HAF) to primarily provide financing for municipal infrastructure in communities that have shown a willingness to expand housing supply.
    2. While the creation of the HAF has been a step forward for municipalities, it was done without adequate structure to help municipalities get the most out of the funds they receive. This program could be more efficiently utilized with a primary focus on DCCs and amenity cost charges (ACCs).
    3. Additionally, policymakers should be encouraged to provide flexibility on the timing of DCC payments, allowing them to be collected at the end of a project rather than up front to ease the financial constraints on housing projects. Accelerator funding could also be used in these instances to carry related cost charges.

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Latest Article

OPINION: 10 immediate housing policy actions for the new federal government

The Liberals won on promises — now they need policy that delivers new homes and affordability across Canada. (Published on Business in Vancouver)

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by Trevor Hargreaves

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Selected Past Article

BCREA Calls on Next Government of Canada to Lower Development Charges and Fund Municipal Infrastructure

To help address the need for a significant increase in housing, BCREA is calling on the next Government of Canada to repurpose the Housing Accelerator Fund.

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by Craig Battle

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BCREA Launches National Housing Policy Information Page Ahead of Federal Election

Check out BCREA’s key housing policy positions from the lead-up to the federal election on April 28, 2025.

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by Craig Battle

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