Andrew Scheer promises to review mortgage 'stress test', allow for longer mortgages

Look, if my RRSP contributions could increase and I'd be able to use more than 25k down tax free, I'd be better off by 10's of thousands as my RRSP contributions are matched by my employer. I can afford to buy a house by the time I'm 35 if I play my cards right with the current policies. If they increase the terms to 30 years, I could get approval more early BUT I'd have less cash upfront and will be indentured until the day I retire if it stays at 65 even.

If I sit-out until I'm ready, the inflation over the next decade will move the target further away if we switch to 30 year mortgages. All this does is make homeownership more risky.

On terms of immigration, no comment. We cant take the good and not the bad when it comes to immigration and overall our system relies on fresh bodies instead of saving and paying dividends to the ones contributing the most to the GDP that use less government services and programs.

Unless we completely restructure everything from equalization, immigration, government deficits... basically the government entirely, we will require a bigger base to support the ones further down the process line.

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