Federal Liberals’ plan to help first-time homebuyers to kick in weeks before election – Clearwater Times

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Federal Liberals’ plan to help first-time homebuyers to kick in weeks before election – Campbell River Mirror In the world of Canadian politics someone always knows something and it likely didn’t help that Chris was pursuing a federal Liberal nomination. Had he not been caught by international law enforcement he might have gained access to the Liberalist database, just like Jared Nolan and Luke Strimbold.

"From what I see with first-time homebuyers, putting 20% down is quite rare," said a New York real estate agent. "Usually, I see 5% and up." In fact, the 20% benchmark is now atypical.

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A new federal program aiming to give homebuyers some help covering their mortgage costs will kick in on Labour Day – weeks before a federal election – with the first payments flowing in early November, just days after voters across Canada go to the polls.

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