Overview

• At a Brampton news conference, Pierre Poilievre warned of a “next Liberal housing crisis” and urged Ottawa to remove the federal sales tax on homes priced up to $1.3 million.
• CMHC reported Toronto is tracking toward its lowest annual housing starts in three decades and flagged a slowdown in Vancouver, while Calgary, Edmonton, Montreal, Ottawa and Halifax ran near record pace in the first half.
• Poilievre said GTA starts have fallen sharply since 2024, citing a 49 percent drop in the region and 65 percent in Toronto, and pointed to weak preconstruction sales in the GTA.
• His package includes eliminating capital gains tax on profits reinvested in homebuilding, tying federal infrastructure dollars to faster municipal permitting and lower development charges, and curbing immigration growth.
• The Liberal government is advancing its Build Canada Homes plan, with more details promised within days and a Wednesday event in Edmonton focused on sustainable affordable housing.