With the Canadian federal election on April 28, 2025, housing affordability is a major topic of conversation—especially here in Saskatchewan, where families and investors alike are paying close attention to the market. Whether you're looking at homes for sale in Saskatoon, considering investing in acreages near Saskatoon, or exploring opportunities in up-and-coming neighbourhoods like Rosewood or Brighton, the federal platforms could influence your next move.
Here’s a breakdown of where each major political party stands when it comes to housing policies that impact buyers, renters, and investors alike.
Liberal Party (Mark Carney)
The Liberals are aiming to significantly increase housing supply through their Build Canada Homes initiative, with a goal of constructing 500,000 homes per year.
Key points:
$25B in financing to boost modular and prefab housing.
Elimination of GST for first-time home buyers on homes under $1M (up to $50,000 in savings).
Reduction of municipal development fees by 50% for multi-unit projects.
Plans to use federal land to increase the availability of affordable homes.
Focus: Helping first-time buyers, promoting sustainable builds, and expanding supply in markets like Saskatoon and beyond.
Conservative Party (Pierre Poilievre)
The Conservatives are proposing significant tax breaks for new homebuyers, including:
Removing GST on homes under $1.3M, offering savings up to $65,000.
Encouraging municipalities to cut local fees for a combined savings of $100,000 per home.
Selling off 15% of federal buildings for housing.
Accelerated permitting and training of 350,000 new construction workers.
Aligning immigration with housing supply to manage demand.
Focus: Reducing costs, increasing supply, and addressing red tape—important for buyers considering real estate in Saskatoon.
New Democratic Party (NDP – Jagmeet Singh)
The NDP is placing renters and affordable housing at the center of their housing strategy.
Pledge to build 100,000 rent-controlled homes by 2035.
Expand the Rental Protection Fund.
Introduce national rent control and ban on renovictions.
Ban corporate landlords from purchasing affordable housing stock.
Offer low-interest CMHC-backed mortgages.
Focus: Protecting tenants, reducing corporate speculation, and ensuring long-term affordability—especially relevant in high-demand Saskatoon neighbourhoods like Stonebridge and Evergreen.
Green Party (Elizabeth May & Jonathan Pedneault)
The Greens propose a long-term approach to housing that prioritizes affordability and sustainability.
Launch of a major public housing initiative.
All publicly funded housing would be permanently affordable (≤30% of income).
Ban corporations from buying single-family homes.
Remove tax advantages for real estate investment trusts (REITs).
Close money-laundering loopholes in real estate transactions.
Focus: Public housing expansion and reducing speculative buying—potentially reshaping real estate in Saskatchewan for the long term.
Bloc Québécois
While primarily focused on Quebec, the Bloc supports housing measures with national implications:
GST rebates on new homes.
Incentives for first-time buyers.
Greater provincial autonomy over housing policies.
Focus: Tailored solutions at the provincial level, which may lead to regional differences in affordability and regulation.
People’s Party of Canada (PPC – Maxime Bernier)
The PPC offers a starkly different take on housing:
Eliminate federal programs like CMHC.
Privatize housing policy, claiming federal involvement distorts markets.
Reduce immigration to curb housing demand.
Focus: A free-market model, with minimal federal intervention—appealing to some investors but uncertain for families looking at houses for sale in Saskatoon, Saskatchewan.
What This Means for Saskatoon Buyers, Sellers & Investors
If you're browsing Saskatoon homes for sale, considering purchasing a condo, or listing a property in Saskatoon or surrounding area, these housing platforms could influence your real estate decisions. Here's how:
Liberals and Conservatives: Expect potential boosts in inventory and tax incentives—beneficial for buyers and sellers looking to stay competitive in the Saskatoon real estate market.
NDP and Greens: Renter protections and corporate restrictions could reshape the investment landscape, especially in multi-unit developments.
PPC: Deregulation might appeal to developers but brings more uncertainty.
Bloc Québécois: Regional autonomy could shift how federal housing programs apply across provinces.
Final Thoughts: Stay Informed Before You Buy or Sell
Housing policies directly affect pricing, inventory, and affordability in local markets. Whether you’re a first-time buyer, seasoned investor, or seller looking to protect your home’s value, understanding these platforms is essential.
Ready to explore your options in the 2025 real estate landscape?
🔍 Check out the latest Saskatoon home listings and connect with Cindy Savino, your trusted REALTOR® in Saskatoon, for insights tailored to your needs.
Resources for Buyer’s and Seller’s in Saskatoon
Saskatoon Home Buyer Resources – Search, Tools & Expert Help
Saskatoon Home Selling Resources – Sell Faster & Stand Out
March 2025 Saskatchewan Real Estate Market Update
How Saskatchewan’s 2025 Budget Impacts Homebuyers and Sellers
Market Watch from the CRA for February 2025
Sources & References
To help you stay informed, here are the sources used to compile this non-partisan breakdown of each party’s housing plan in the lead-up to Canada’s 2025 federal election:
Liberal Party of Canada. (2025). Build Canada Homes Initiative. Retrieved from https://liberal.ca
CBC News. (2025, March). Liberals propose GST cuts for first-time homebuyers under $1M. Retrieved from https://www.cbc.ca/news
Conservative Party of Canada. (2025). Pierre Poilievre’s Housing Plan. Retrieved from https://www.conservative.ca
Global News. (2025, February). Poilievre pledges to sell federal buildings, cut red tape for housing. Retrieved from https://globalnews.ca
New Democratic Party of Canada. (2025). Housing Justice for All: Our 2025 Housing Platform. Retrieved from https://www.ndp.ca
The Star. (2025, March). NDP outlines national rent control and ban on corporate landlords. Retrieved from https://www.thestar.com
Green Party of Canada. (2025). Housing and Affordability Platform. Retrieved from https://www.greenparty.ca
The Tyee. (2025). Greens propose public housing expansion and crackdowns on REITs. Retrieved from https://thetyee.ca
Bloc Québécois. (2025). Platform Summary – Housing & Federalism. Retrieved from https://www.blocquebecois.org
Le Devoir. (2025). Bloc emphasizes provincial autonomy on housing. Retrieved from https://www.ledevoir.com
People’s Party of Canada. (2025). Housing Policy Statement. Retrieved from https://www.peoplespartyofcanada.ca
Financial Post. (2025). PPC housing policy calls for CMHC dismantling and market-driven solutions. Retrieved from https://financialpost.com
Canada Mortgage and Housing Corporation (CMHC). (2025). Rental Market Reports and Policy Initiatives. Retrieved from https://www.cmhc-schl.gc.ca
Canadian Real Estate Association (CREA). (2025). Market Trends and Forecasts. Retrieved from https://www.crea.ca
Comments:
Post Your Comment: