Listen to episode 2 here
Tara and Kate talk to Toronto Housing Matters founder Chris Spoke about the price of housing in the province of Ontario and what we are seeing so far policy-wise from the three parties
PARTY PLATFORM BREAKDOWN
PCs:
- eliminate rent controls
- eliminate foreign buyers tax
Liberals:
- maintain foreign buyers tax as a one time payment in Greater Golden Horseshoe Region
- create more than 2,000 new housing units with a mix of market-based and affordable units
NDP:
- build 30,000 new supportive housing units over 10 years
- 65,000 new affordable homes over 10 years
- introduce legislation requiring developers to include affordable homes in new projects
- introduce yearly Housing Speculation Tax on foreign buyers who own homes in Ontario
- $5 for assessed $1000 value in 2018, rising to $20 for assessed $1000 value in 2019
