Just The Facts: Homeownership Has Become Impossible Under Trudeau

Ottawa, ON - After nine years, the NDP-Liberal Government has made housing unaffordable for Canadians. Yesterday, Habitat for Humanity released its Affordable Housing Survey, showing the effects that Trudeau's housing hell has had on Canadians.

According to this survey, 82 percent of Canadians now worry that the housing crisis is impacting the health and well-being of Canadians, while 88 percent of renters now say the dream of homeownership is out of reach. Worse still, 59 percent of Canadians - and 75 percent of renters - are having to sacrifice basic needs such as food, clothing and their education to afford rent or mortgage payments. Two-thirds of renters feel their mental health and well-being are impacted by their rent costs and one-third of homeowners say the same is true for the cost of their mortgage.

Homeownership has become so difficult that 70 percent of Canadians agree that owning a home has become impossible. The youngest are most concerned, with 73 percent of Gen Z saying they are worried about saving enough money for a down payment to buy a home.

Trudeau's housing hell has destroyed Canada's promise, especially for young Canadians. The survey also shows that almost one-third of Canadian Millennials would consider relocating to another country to find affordable housing, and almost half have considered delaying starting a family because they can't afford a suitable home.

This has happened because Justin Trudeau has failed to build enough homes for Canadians. Since he became Prime Minister, housing costs have doubled, rising faster than any other G7 country. In sharp contrast, Habitat for Humanity said the Conservative plan to axe the sales tax was "a meaningful way to reduce costs", while CEO Pedro Barata told the Globe that "Not having to pay it [GST] would free up significant dollars for Habitat for Humanity to build even more badly needed homes." Common Sense Conservatives have a plan to bring affordable homes for Canadians. A Pierre Poilievre government will restore the dream of homeownership by axing the federal sales tax on new homes sold for under $1 million - a tax cut that will spark 30,000 extra homes built every year. Conservatives will also tie federal infrastructure funding to housing completions.