REALTOR® delegates and staff from MREA and WinnipegREALTORS® are in Ottawa this weekend for the annual CREA PAC Days on Parliament Hill. REALTORS® from across the country will build relationships and meet with members of parliament from all three political parties.
REALTORS® are asking for two HBP policy changes:
- Index the HBP to prevent its value from being eroded
- Extend the HBP to Canadians affected by significant life changes such as job relocation, death of a spouse, marital breakdown or relocation of elderly family member.
The program was created and presented to the federal government by REALTORS® and allows consumers to withdraw up to $25,000 in a calendar year from registered retirement savings plans (RRSPs) to buy or build a qualifying home for themselves or a relative with a disability.