Ontario Home Builders' Association
Registration:
21
of
29
(2021-10-05
to
2022-07-16)
Policies or Program
- CMHC - Advocating to retain policy research functions and ongoing role for CMHC to provide mortgage loan insurance and mortgage back security investments that support construction loan financing.
- GST Thresholds for New Housing - advocating for the federal government to update GST thresholds. Specifically eliminating the current regressive $350,000 and $450,000 thresholds and replacing with a single progressive threshold of $400,000.
- Home Renovation Tax Credit - OHBA supported the Home Renovation Tax Credit when implemented as a stimulous measure. We are advocating for the federal government to implement a permanent home renovation tax credit targeting energy efficiency to combat underground economic activity in the residential renovation sector.
- Long-Term Infrastructure Plan for Canada: OHBA is advocating for increased funding of "core" infrastructure including roads, transit, bridges, water and waste-water facilities.
- Mortgage Amortization - advocating for an extended amortization period of 30 years for home buyers.
- Mortgage Stress Test - OHBA is concerned that the stress test is compromising the ability of many Canadians to qualify to purchase a home.
- National Building Code of Canada (NBC) consultation on permitting six-storey wood-frame construction.
- National Housing Strategy - Advocating for national programs to encourage the supply of new housing including ownership, rental and affordable
- National Transit Strategy: As a component of the long-term infrastructure plan for Canada, OHBA is advocating for a permanenet, dedicated national transit strategy for Canada.
- Skilled Trades Development - promotion of skilled trades careers in construction.