Analyzing the Housing Policy Priorities of the Next Government

With the 2025 Canadian federal election now behind us, the future direction of the country's real estate market has become clearer. Regardless of which party formed the next government, housing policy has undoubtedly been a key area of focus, as policymakers grapple with the ongoing challenges of affordability and supply.


Cooling the Overheated Housing Market

One of the primary concerns for the current government has been finding ways to cool the previously overheated housing market, particularly in the country's largest metropolitan areas. This has involved measures such as adjustments to the mortgage stress test, the implementation of a nationwide foreign buyer's tax, and the introduction of new taxes aimed at speculation and vacant properties. These policies appear to have had the intended effect, as the housing market has started to show signs of slowing in recent months.


Boosting Housing Supply

In tandem with demand-side policies, the current government has prioritized initiatives to increase the supply of housing, both market-rate and affordable. This has included incentives for purpose-built rental construction, streamlined approvals for new developments, and significant investments in social and co-op housing projects.


Addressing Affordability Challenges

The affordability crisis has continued to plague Canadian homebuyers, and the current government has delivered a range of solutions. These have included expanding existing first-time buyer programs, implementing rent-to-own or shared equity schemes, and even exploring a national housing strategy.


Regulatory Changes and Their Impact

The post-election period has seen a significant shift in the regulatory landscape for the real estate market. Changes have included adjustments to capital gains exemptions and the introduction of new environmental standards for real estate, all of which have impacted how Canadians buy, sell, and own property.


The Need for Vigilance and Adaptability

As the 2025 election has now passed, it's crucial for those with a stake in the real estate market to remain informed and adaptable. At the Jensen Team, we have been closely monitoring the evolving political landscape and its impact on the housing sector, providing our clients with the insights and guidance they need to make informed decisions.

Fill out the form below to contact us today to learn more about how the 2025 election has affected the real estate market and how we can assist you with your property plans.



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