Blog by Andrew Peck

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Does lobbying work?

Does lobbying work?

In 2015 during the federal election, CREA volunteers and staff met with candidates and parties and focused on:

  • indexing the Home Buyers’ Plan to the Consumer Price Index in $2,500 increments and expanding the plan to buyers experiencing significant life changes; and
  • facilitating reinvestment in other investment properties by allowing income property investors to defer the recapture of previously claimed depreciation (capital cost allowance).


Getting involved in campaigns offered a powerful way for members to learn which parties and candidates had workable solutions to the daunting affordability problems facing many home buyers across Canada.   

Did we make a difference?

Yes!  We achieved two important milestones.

During the federal election campaign, the Liberal Party which now forms the government, committed to:

  • expanding the Home Buyer's Plan; and

increasing the new residential rental property GST rebate to 100% to eliminate GST on new capital investments in affordable rental units.

Is our housing market at risk?

May 31st, 2017
Is our housing market at risk? Today, the International Monetary Fund reported that Canadian households are highly indebted and housing affordability, particularly in Vancouver and Toron...Click here to read more detail about 'Is our housing market at risk?'

Moving towards a National Housing Strategy

May 1st, 2017
Moving towards a National Housing Strategy The Canadian Real Estate Association and its member real estate boards and associations across Canada have long advocated for better access to ...Click here to read more detail about 'Moving towards a National Housing Strategy'

What are the key challenges we face as a profession?

February 18th, 2016
What are the key challenges we face as a profession? If someone were to ask me what one characteristic Realtors® share, I'd say - adaptability.  Take a minute and think about i...Click here to read more detail about 'What are the key challenges we face as a profession?'

Will a luxury or speculation tax create more affordable housing?

February 2nd, 2016
Will a luxury or speculation tax create more affordable housing? In the last month, both the Mayor of Vancouver and economists from the University of British Columbia and Simon Fraser Un...Click here to read more detail about 'Will a luxury or speculation tax create more affordable housing?'