FROM THE invitation. Read carefully! "I'd like to invite you to collaborate in a Solutions Lab...in partnership with CMHC. The lab aimsi to disrupt a Catch-22: The more we make home OWNERSHIP PROFITABLE, the more we make housing unaffordable..." 1/
2/ Still quoting! "The Lab is bound to RAISE QUESTIONS ABOUT TAX POLICY including how labour and CAPITAL GAINS from the stock market are taxed more than the wealth accumulated via PRINCIPAL RESIDENCES..."
3/ Wait there's more! Still quoting: "Many Canadians BANK ON PROFITS from home ownership to secure their financial future...WE NEED TO MAKE IT so no Canadian relies on gains in housing wealth..."
4/ And the capper: If the gov't doesn't do SOMETHING about homeowners' "wealth", we are "undermining Canada's fiscal capacity to pay for critical programs including the Covid-19 response"! @CMHC_ca @ewsiddall #cdnpoli #homeowners
