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Party Leaders Focusing on Housing

Housing is shaping up to be a major issue in the federal election.

Conservative Leader Erin O'Toole was in Ottawa today and told reporters the country is in a "housing crisis."

In their platform, the Tories vow to create a million homes in the next three years and offer seven to ten year mortgages. 

NDP Leader Jagmeet Singh says his party plans to create 500,000 affordable homes over the next decade. 

The NDP is also proposing the creation of 30 year mortgages insured by the Canada Mortgage and Housing Corporation. 

Meanwhile, the Liberals are promising a 10 year housing strategy focusing on affordable housing and seniors facilities. 

They're also proposing increasing the residential rental property rebate on the GST to 100 percent, which would eliminate all GST on new capital investments in affordable rental housing. 
 

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