2019 Federal Budget – The QPAREB Welcomes Concrete Measures in the Federal Budget That Promote Homeownership

QUEBEC CITY, March 20, 2019 /CNW Telbec/ – The Quebec Professional Association of Real Estate Brokers (QPAREB) took note of the budget tabled yesterday and the measures proposed by federal Minister of Finance, Bill Morneau, regarding housing and real estate. The Association is pleased to see concrete measures that make home ownership more affordable, particularly since Quebec’s home ownership rate still lags behind that of Canada’s other provinces. We particularly welcome the modernization of the Home Buyers’ Plan (HBP), which allows first-time buyers to make a single withdrawal from a Registered Retirement Savings Plan (RRSP). Increasing the HBP’s withdrawal limit from ...

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