Some measures for first-time home buyers - but will they actually make a difference?
Federal Finance Minister Bill Morneau delivered the Trudeau government’s election budget last month to mixed reviews. The budget includes record spending and another large deficit, and plans to help first-time home buyers. With B.C. real estate development slowing, will these new incentives matter in the long run?
Ryan Berlin is the senior economist for Rennie, and joined Rick Cluff in studio to talk about the budget and its impact – if any – on housing affordability.
Rick Cluff is an award-winning journalist who hosted the popular CBC Radio Vancouver morning program “The Early Edition” from 1997 until his retirement in April of 2018.
He has conducted more than 50,000 interviews and asked more than half a million questions, of prime ministers, premiers, presidents and some of the world’s biggest sports and entertainment personalities.