Federal Liberals’ plan to help first-time homebuyers to kick in weeks before election – Surrey Now-Leader

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 · OTTAWA — A new federal program aiming to give homebuyers some help covering their mortgage costs will kick in on Labour Day — weeks before a federal election –.

So with only a few weeks until the nation goes to the polls for the 2017 election, it is no surprise that the housing crisis features high on the agenda of politicians attempting to woo voters. We take a look at the pledges made by the major political parties in their manifestos on their plans for housing.

The federal Liberals say a new program to help new buyers pay for their first home. First-time homebuyers can soon get help with their mortgage costs. will kick in on Labour Day — weeks before a federal election — with the first. cash will for now flow back into the government's general revenue pool.

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Federal Liberals’ plan to help first-time homebuyers to kick in weeks before election. Ottawa to pick up 5% of a mortgage on existing homes for households that earn under $120,000 a year. Kathleen Wynne’s Liberals will form a majority government, making history in the province and proving Ontario is willing to give her left-of-centre, scandal-plagued party another chance.

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The program that will help cover some mortgage costs will be available starting Sept. 2, only weeks before the october federal election. The government’s plan will see it. The new First-Time Home.

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Candidates from all four major parties running in B.C. in the 2015 federal election stopped by On The Coast to talk about where they stand on housing issues like affordability, renting, buying a.