Roughly more than three-in-four Canadians support their federal government’s decision to ban foreigners from purchasing residential properties, according to a new poll from Research Co.
The ban will be in effect until Jan. 1, 2027. In the online survey of 1,006 likely voters, 76% of respondents supported the federal government’s ban, while 13% opposed it and 11% are undecided.
The survey also found just under three-in-five Canadians (59%) think the federal government should tie immigration numbers to affordable housing targets and new housing starts. But Canadians are divided when asked which level of government is more responsible for housing affordability – 42% cited the federal government while 41% cited their provincial government and 17% named their municipal government.
More than three-in-five Canadians (64%) agree with removing the Goods and Services Tax (GST) on home sales up to $1.3 million. Support was also high for creating a federal developer that could build low-cost homes on government land (70%) and developing a catalogue of pre-approved home designs to accelerate homebuilding by developers (also 70%).
Only one-third (33%) of Canadians “completely” or “moderately” trusted for-profit developers to deliver affordable housing in Canada, compared to trust in provincial governments (50%), municipal governments (52%) and not-for-profit developers (58%).
Just over half of Canadians (51%) trust the federal government under the Liberals to deliver affordable housing across the country, while 42% feel the same way about a federal government headed by the Conservatives.
“Majorities of Canadians who in 2021 voted for the Conservatives (82%), the Liberals (78%) or the New Democrats (also 78%) are in favor of the ban on foreign real estate purchases,” said Mario Canseco, president of Research Co. “The regulation is also supported by most respondents whose descent is South Asian (87%), Indigenous (84%), European (77%) and East Asian (74%).”
Yet if the USA proposes this, we’re racist and fascists AND those who are saying so are saying they will move to Canada lmfao. No foreign entities or persons should be allowed to own real property. We’ve seen China buy up our farm land all over the US to do as they please. Our government officials, on both sides, have financially and politically benefited from this, while we struggle to provide for our families. Disgusting.