Stephen Harper said if re-elected his government would give an extra 700,000 Canadians the opportunity to own their own homes.
The target, which the Conservative party would expect to reach by 2020, would be achieved through a mix of new programs as well as existing tax breaks.
The rate of homeownership in 2011 was 69 per cent, according to figures from CMH Corporation. The pledge would be to take that to 72.5 per cent within the next five years.
Rising land prices, development taxes and other factors have combined to drive the price of homes skyward and out of reach of many hard-working potential first-time home buyers.
Well time will tell, if its a gimmick or a realty!!
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