CFAA REPORT
OPPORTUNITIES AND RISKS
What’s changed since the September federal elections BY
JOHN DICKIE, CFAA PRESIDENT
S
ince the Liberal party was re-elected on September 20, 2021, not much has changed in terms of the dynamics of how Canada will be governed. The natural “partners” remain the Liberals and the NDP, and the Liberals can still win a confidence vote if any one of the three main opposition parties votes with them, or even abstains. What has changed to some degree is the focus on various issues, including housing and energy measures that may have an impact on the rental sector.
The September 20 federal election made hardly any change in the dynamics of governing Canada. As before the election, the natural “partners” are the Liberals and the NDP. As before the election, the Liberals can win a confidence vote if any one of the three main opposition parties votes with them, or even abstains. Table 1 shows the election result by regions of interest. 10
FAIR EXCHANGE | NOVEMBER 2021
HOME OWNERSHIP ISSUES
Housing affordability was a major focus of the campaign, largely in the owner-occupation space. The Conservatives promised to encourage better access to home ownership through speeding up construction and facilitating borrowing via better treatment for the self-employed in mortgage and mortgage insurance applications, promoting seven
