21 February 2019

In addition to it, he calls for bringing back 30-year terms to CMHC-insured mortgages for borrowers who qualify for mortgages but need more flexibility in budget.

The NDP plans to build 500,000 affordable properties during the next 10 years. It includes investments in co-operative and non-market affordable real estate units.

According to Finance Minister Bill Morneau, the Trudeau government is working on measures aimed at improving affordability for millennials. This issue may have a special place in its pre-election budget, which will be released on March 19.