What 2025 housing platform promises are being made?

The Liberals, headed by party incumbent Prime Minister Mark Carney (recently replacing Justin Trudeau), are introducing new recommendations while building on or continuing existing Liberal government policies.

The party's housing proposals include measures to significantly increase the building of new homes (including pre-fab housing) and access to affordable housing by cutting red tape, providing tax incentives, and offering investment dollars and low-cost financing.

Here are the main points of the 2025 Liberal Housing Plan:

• Establish Build Canada Homes (BCH): Create a federal agency dedicated to building affordable housing, including on public lands.
• Support Innovative Construction: Provide $25B to finance and $1B to invest in prefabricated and modular housing to lower costs, building time, and emissions and to create higher-paying jobs in the housing industry.
• Increase Housing Supply: Double home construction to 500K units annually over ten years.
• Fund Affordable Housing: Provide $10B in low-cost financing and capital for deeply affordable housing, including targeted funds for Indigenous communities, seniors, students, and shelters.
• Reduce Municipal Charges: Cut municipal development charges in half for multi-unit residential buildings, with federal reimbursement to municipalities.
• Revive Rental Development Incentives: Reintroduce tax measures (last used in the 1970s) to encourage new rental housing and incentivize the conversion of private properties to affordable units.
• Streamline Approvals: Building on the Housing Accelerator Fund, further simplify housing regulations, standardize building codes, and accelerate permitting processes.
• Tax Relief for Homebuyers: Eliminate the GST on first-time home purchases under $1 million, saving buyers up to $50K upfront.

Read the full Liberal Housing Plan

The Conservatives, led by Opposition Leader Pierre Poilievre, pitch a housing plan that includes removing the sales tax on new homes, reducing the red tape to increase home building, and offering incentives to build affordable homes.

Here are the main points of the 2025 Conservative Housing Plan:

• Remove Sales Tax: Eliminate GST on all new home purchases, saving buyers up to $65K upfront.
• Sell Federal Property: Sell 15% of federal buildings (about 6K) and thousands of acres of federal land to increase housing supply.
• Accelerate Permitting: Offer incentives for municipalities to speed up housing permits, free up land, reduce local housing taxes to facilitate quicker construction, and implement a NIMBY (not in my backyard) municipal fine.
• Invest in Skilled Trades: Support 350K apprenticeships through trade schools and unions and ensure the $4K apprenticeship grant is accessible.
• Encourage Private Investment: Allow tax deferral on capital gains for those reinvesting in Canadian homebuilding projects, unlocking significant private-sector investment.
• Cut Barriers to Construction: Streamline processes and reduce regulatory hurdles to accelerate housing development and improve affordability.
• Encourage Municipal Housing Starts. Tie federal city funding to the number of housing starts, with cities expected to increase building by 15% annually and bonuses offered for surpassing that goal.

Read the Conservative Housing Plan

The New Democratic Party, led by Jasmeet Singh, has proposed a housing plan that includes offering first-time homebuyers better financing options, reducing corporate landlord power, and increasing renter protections and rental housing.

Here are the main points of the 2025 NDP Housing Plan:

• Expand Rent-Controlled Housing: Invest $1B over 5 years to build 100K new rent-controlled homes by 2035 using federal Crown land.
• Support First-Time Home Buyers: Expand CMHC's mandate to offer long-term, low-interest, publicly-backed mortgages specifically for first-time homebuyers.
• Strengthen Rental Protections: Provide more funds to help non-profits acquire affordable apartments and prevent corporate landlords from purchasing existing affordable rental units.
• Limit Corporate Landlords: Restrict corporate landlords accused of price gouging from receiving low-interest federal loans, mortgage loan insurance, and tax incentives.
• Accelerate Approvals: Speed up federal land approvals to expedite the construction of affordable homes.
• Rescue At-Risk Projects: Stabilize housing markets and protect construction jobs by rescuing homebuilding projects impacted by tariffs or economic disruptions.
• Tie Funding to Tenant Protections: Connect federal housing funding to provincial and municipal policies that include tenant protections, such as rent control.
• Invest in Skilled Trades: Train an additional 100K workers in skilled trades to meet housing construction demands.

Read the NDP Housing Plan

The Green Party, headed by co-leaders Jonathan Pedneault and Elizabeth May, include in their housing plan corporate restrictions on buying single homes, curbing speculative investment, closing money laundering loopholes, and building affordable housing and intergenerational co-housing.

Here are the main points of the 2025 Green Housing Plan:

• Major Public Housing Initiative: Launch a large-scale federal housing construction program, the biggest since the 1970s, emphasizing local jobs and Canadian materials.
• Ensure Permanent Affordability: Ensure housing built with public money remains affordable forever.
• Limit Corporate Ownership: Ban corporations from purchasing single-family homes to reduce speculation and help families compete fairly in the housing market.
• End REIT Tax Advantages: Remove unfair tax benefits enjoyed by Real Estate Investment Trusts (REITs) to curb housing speculation.
• Combat Money Laundering: Close regulatory loopholes criminals use to launder money through real estate.
• Promote Intergenerational Housing: Support innovative housing options such as intergenerational co-housing to enhance affordability and community cohesion.
• Define True Affordability: Set clear, income-based standards for publicly-funded affordable housing, ensuring realistic affordability for renters and homebuyers.
• Strengthen Market Regulation: Increase federal oversight and regulation of the housing market to prioritize housing as a human right, not merely an investment.

Read the Green Housing Plan

The People's Party of Canada, headed by Maxime Bernier, has included in their housing plan reducing immigration and increasing speculation restrictions to ease the housing crisis, eliminating federally subsidized first-time buyer financing options to lessen price pressure, and reducing house price inflation.

Here are the main points of the 2025 PPC Housing Plan:

• Pause Immigration: Impose a temporary moratorium on new permanent residents until the housing crisis eases, followed by significantly reduced immigration levels.
• Privatize or End CMHC: Privatize or dismantle the Canada Mortgage and Housing Corporation, as the party sees their policies as contributors to housing inflation and excessive debt.
• Zero Inflation Target: Adjust the Bank of Canada's inflation target from 2% to 0% to help stabilize housing prices.
• Respect Local Zoning: Ensure local governments retain control over housing development decisions without federal pressure for densification related to immigration policies.
• Limit Foreign Speculation: Collaborate with provinces to restrict housing speculation and money laundering by foreign, non-resident buyers.

Read the PPC Housing Plan

The Bloc Québécois, headed by Yves-François Blanchet, includes housing proposals that give the province complete jurisdiction to create and manage its housing supply and funding according to regional markets, provide more support for first-time and senior home buyers, and discourage speculation, such as house-flipping.

Here are the main points of the 2025 Bloc Québécois Housing Plan:

• Transfer Housing Funds to Quebec: Demand unconditional federal transfer of all the province's housing-related funding to align with the province's exclusive jurisdiction.
• Increase Affordable Housing: Aim to substantially increase non-market housing to 20% through unconditional federal transfers.
• Redefine Affordable Housing: Revise the federal definition of 'affordable housing' to better reflect regional markets and ensure housing is genuinely affordable.
• Support Renovations and Maintenance: Allow for increased renovations during agreements for subsidized housing (HLM).
• Discourage Property Flipping: Extend the minimum ownership period to 2 years to qualify for the capital gains exemption on home sales, with current exceptions maintained.
• Facilitate Land Transfers: Simplify the transfer of federal lands and buildings below market value, enabling smaller organizations to develop affordable housing projects.
• Targeted Support for Students and Seniors: Ensure federal financial support for Quebec-led student housing initiatives and expand mortgage insurance and renovation funding for smaller senior residences outside major urban areas.
• Boost First-Time Homeownership: Propose significant federal assistance to first-time homebuyers, eliminate GST on home-purchase services (e.g. legal, inspections), and support GST rebates on new homes.

Read the Bloc Québécois Housing Plan (in French)

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