A. Q.  Mufti

A. Q. Mufti

Sales Representative

RE/MAX Real Estate Centre Inc., Brokerage*

Mobile:
416-908-5600
Office:
905-270-2000
Email Me
A. Q.  Mufti

A. Q. Mufti

Sales Representative

RE/MAX Real Estate Centre Inc., Brokerage*

Mobile:
416-908-5600
Office:
905-270-2000
Email Me

Canada's Housing Plan - 2024

April 13, 2024

 

Canada's Housing Plan: Addressing the Housing Crisis

 

Introduction:

- In a recent announcement from the Prime Minister's Office, the Canadian government has unveiled an ambitious plan to address the housing crisis across the country.

- The plan, titled "Solving the housing crisis: Canada's Housing Plan," aims to make housing more affordable and accessible for all Canadians, particularly Millennials and Gen Z, who are facing increasing challenges in finding affordable housing.

 

Key Points from the Announcement:

- Housing Affordability: The government recognizes the challenges faced by Canadians in affording housing, with many spending a significant portion of their income on housing costs. The plan aims to ensure that no hard-working Canadian spends more than 30% of their income on housing.

- Building New Homes: The plan outlines a strategy to unlock 3.87 million new homes by 2031, including a minimum of 2 million net new homes. The federal government will support the construction of at least 1.2 million new homes, with a call for all orders of government to build an additional 800,000 homes by 2031.

- Initiatives to Support Homebuilding: Several initiatives are proposed to facilitate the construction of new homes, including the Public Lands for Homes Plan, $15 billion in additional loans for the Apartment Construction Loan Program, and the launch of Canada Builds, a collaborative effort to build affordable homes on under-utilized lands.

- Supporting Renters and Homeowners: Measures will be implemented to protect tenants against rising rent payments, improve credit scores based on rental payment history, increase the Home Buyers' Plan withdrawal limit, and extend mortgage amortizations for first-time homebuyers purchasing newly built homes.

- Affordable Housing and Rental Support: The plan includes funding for the Affordable Housing Fund and the launch of the Canada Rental Protection Fund to protect and expand affordable housing options across the country.

- Skilled Trade Workforce: Recognizing the need for skilled trades workers in the construction industry, the plan includes investments in apprenticeship opportunities, skilled trades awareness programs, and foreign credential recognition programs.

 

Quotes from Government Officials:

- Prime Minister Justin Trudeau emphasized the importance of restoring fairness for every generation through ambitious action and investments in housing.

- Deputy Prime Minister and Minister of Finance Chrystia Freeland highlighted the government's commitment to helping younger Canadians achieve homeownership.

- Minister of Housing, Infrastructure and Communities Sean Fraser emphasized the need for a collaborative effort to address the housing crisis, involving all levels of government and stakeholders.

 

Conclusion:

- The announcement of Canada's Housing Plan represents a significant step towards addressing the housing crisis and ensuring that all Canadians have access to safe, affordable housing. Through targeted investments and collaborative efforts, the government aims to build a stronger, more inclusive housing market for future generations.

 

If you have any questions or would like to discuss your individual needs and goals, feel free to reach out to me at 416-908-5600. I'm here to help you find the perfect tailor-made solution.

If you enjoyed this review, I'd be truly grateful if you could leave a gracious Google Review for my real estate services:  https://rem.ax/3PUNSOS

 

Thank you for your continued support!

 

A. Q. Mufti

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INTEGRITY, WORK ETHICS, DEPENDABILITY

A glance at my achievements and passion;

  • Realtor
  • Former Member of Toronto Real Estate Board (TREB) Committee
  • Certified Project Management Professional (PMP)
  • Master Degree in Geography
  • Past Project Manager
  • Past IT consultant
  • Queen's Diamond Jubilee Medal
  • Gold Medal of Excellence for Human Rights
  • Community award for dedicated community services
  • Member of Mississauga mayor’s Diversity Advisory Committee
  • Chair - Family Day Walkathon, raising $250K for a local hospital
  • Member of Halton District School Board's Education Committee
  • Member of Halton Region Police MFST
  • Former Member of Peel Region Public School Council
  • Former Scouts Canada leader
  • Former Team Captain of Cancer Society’s Relay for Life
  • Former Board member of an international relief organization
  • Column writer
  • TV Panelist on current affairs

RE/MAX has more than 100,000 agents in more than 95 countries agents and sells more real estate than any other Canadian brand.


At RE/MAX Real Estate Centre Inc., I’m here to provide you, your family, and friends with exceptional services for your real estate needs including Residential, Commercial, and Agri/Farm Business.


RE/MAX Real Estate Centre Inc. operates out of 17 locations with approximately 920+ trained real estate professionals. 10,852 properties were sold and 105,144 appointments were scheduled in 2017 alone!

With my background in IT and Project Management and, over the several years, contributing to many charitable/not for profit organizations as a board member, I bring professionalism, ethics, sincerity, and I strive for excellence.

If you are looking for a new place to live or do business and want to sell and/or buy your next home and/or business, I would be delighted to help you achieve your goals.
I am not looking for short term gains, rather long term relationships, with the sole focus of finding solutions that best meet your needs.
I truly believe you are my best promoter when you tell others that you have received:

  •  My dedicated attention
  •  Best promotion
  •  Strong negotiation skills
  •  Taking care of critical facts
  •  Eye on items normally ignored
  •  Awareness of Market Trends
  •  Open discussion of the pros and cons

I am available during weekdays and weekends and would meet or pick up the phone personally or return your call at a time convenient for you.

You may reach me directly by calling 416-908-5600 or send me an email at your convenience at info@aqmufti.com.

I look forward to hearing from you soon.


Wishing you and your family all the fun and enjoyment.



Designation: Realtor, MSc, PMP, ABR, SRS, CNE

Education: MSc

Specialty: Buy, Sell, and Rent Residential, Commercial, and Agricultural Properties

Awards: Certified Project Management Professional(PMP), Master Degree in Geography, Past IT consultant, Project Manager, Queen's Diamond Jubilee Medal Gold Medal of Excellence for Human Rights, Community award for dedicated community services Award, Member of TREB Members Communications Committee, Member of Mississauga mayor’s Diversity Advisory Committee, Former Scouts Canada leader, Former Team Captain of Cancer Society’s Relay for Life, Member of Halton Region Equity and Inclusive Education Committee

Area Covered: GTA and beyond including Waterloo, London, Oxford, Woodstock, Niagara, Thorold

Languages Spoken: Arabic, English, Hindi, Punjabi, Urdu



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