First-time homebuyers are getting help from the government

First-time homebuyers are getting help from the government 1

 

The government says it's going to kick in thousands for first-time homebuyers, but at what cost?

Subscribe to CTV News to watch more videos:

Connect with CTV News:
For the latest news visit:
For a full video offering visit the CTV News Network:
CTV News on Facebook:
CTV News on Twitter:
Watch CTV News on Twitter:
CTV News on Google+:
CTV News on Instagram:
CTV News on Pinterest:


CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.

18 Comments on "First-time homebuyers are getting help from the government"

  1. Lorax Dave Walters | August 30, 2019 at 7:06 PM | Reply

    Ok, sounds like a government program… Canada should try foodstamps again. This disconnected political move doesn’t seem to be the best financial decision. If I can save $20k by adding $15k to a down payment, I should just keep it in an RRSP.

  2. 1:24 that mortgage broker is a bad actor. He’s obviously tapping randomly on the keyboard!

  3. Buy Florida’s beach front homes, “”cheap”””

  4. Only works on houses that are less than $500,000? Where can I find one that isn’t way out of nowhere? And why so many restrictions and grey areas when the liberal government is literally giving away millions to help third world countries fight climate change (once there, how do we know if this money is REALLY gonna be put into helping the climate tho?!)…and don’t forget, our veterans are “asking more than we can give”

  5. David Russell | August 30, 2019 at 8:32 PM | Reply

    How about renters in Toronto ? ………our liberal goverment has flooded the city with immigrants and landlords can dictate by supply and demand……..this is the government that cares so much for the middle class……. what middle class ?

    • Problems with Toronto’s housing market began in Toronto and will have to be fixed in Toronto by queens park and city hall.

    • @Alex Toronto is swamped with the massive influx of immigrants that Trudeau and his insane liberal cronies brought to this country in the last four years. This city is their mecca and the resources to handle this invasion don’t exist Only a diehard liberal would fail to understand that reality

  6. Don’t trust the Government. The Liberals could pay all our down payment if they didn’t send 2.65 BILLION overseas to help “Fight Climate Change”.

  7. Interesting timing.

  8. It’s not government money it’s tax payers money so the government isn’t helping you out its the neighbours.

    • Ya but isnt that the system we have always lived in? the schools we went to our neighborhood paid for, the health care we receive our neighbors pay for, anyone who has ever been the recipient of a baby bonus, that was the collective through the government helping mothers and children get a hand up. How is this different?

  9. This will help no one

  10. I was wondering where our refugees get all their money.

  11. Kanehboss Official | August 31, 2019 at 8:19 AM | Reply

    Doesn’t help BC where it’s needed most

  12. Riche Flowers | August 31, 2019 at 9:22 AM | Reply

    As usual trudope’s plan/ policy is garbage….another gimmick he uses to get votes.

  13. Jophar Hautman | August 31, 2019 at 10:19 AM | Reply

    This seems like a horrible idea for home owners and taxpayers. Since the state is partial owner of your home will they they not be able to have a say (now or in the future) in upgrades or maintenance to the home beyond the municipalities? If the home depreciates which will happen sooner or later, does the loan amount decrease as well or is the initial amount the floor?
    Another Liberal brainwave that has likely been poorly thought out and the problems will have to be sorted though later at great taxpayer expense.

  14. New homeowners will be in for quite a shock. This isn’t helping anyone.

Leave a comment

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.