Budget 2025 Falls Short on Housing Affordability
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Canada just dropped Budget 2025 and if you're in real estate, this might sting.
The Ottawa Real Estate Board is already calling it out for falling way short on housing
affordability. While the feds are throwing 13 billion dollars at their Build Canada Homes
initiative over five years, experts say it barely scratches the surface for renters and
first-time buyers dealing with sky-high prices right now. The budget is packed with tax tweaks
and transfer pricing changes, but when it comes to making homeownership actually accessible
in cities like Ottawa, it's basically crickets. If you were hoping this would fix the housing crisis,
you might want to look elsewhere.
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