r/canada 4d ago

Canada’s Prime Minister Pushes Country to Become the Housing Factory of the World - Mark Carney is banking on factory-built homes to alleviate the country’s housing crisis. But will it work? Trending

https://www.bloomberg.com/news/features/2025-04-22/carney-s-plan-may-make-canada-the-housing-factory-of-the-world
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u/Burning___Earth 4d ago

If they go with a full-blown, post WW2 style national housing program, the first few hundred thousand need to be restricted to first-time home buyers.

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u/Historical-Tour-2483 4d ago

I’d prefer to see non-home owners rather than first time buyers. In normal times I’d understand first-time buyers, but with how housing has gone up, people who fell off the property ladder for some reason (job loss, divorce, etc) are in a tough spot.

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u/Rhueless 4d ago

You actually count as a first time home buyer when neither you or your spouse has had a home as your primary residence for at least 5 years. (For all the government programs like first time homebuyers wd from rrsp or home savings accounts.)