As the election campaign swings into full gear, each party will be unveiling their platform in anticipation of the debate on June 3rd. For OREA’s government relations department, analyzing each party platform and how it would affect REALTORS® is a crucial step in preparing for the upcoming year. Late last week, the Progressive Conservative Party released their platform entitled “The Million Jobs Plan.”
The platform covers a wide array of issues with a heavy focus on job creation and tax reduction. The plan discusses a reduction in government regulation on small business and an overall reduction in taxes for Ontario families, both of which may bode well for brokers or even prospective homeowners.
However, the party platform does not make reference to the housing market, REALTORS®, or stopping the spread of the municipal land transfer tax. As a result, it is the job of OREA’s government relations team to discern exactly what all parties, including the PC Party, have planned for Ontario’s real estate industry.
In the meantime, you can continue to follow our blog for a look at the other two party platforms once they are released and be sure to make your voice heard to your local candidates by visiting www.donttaxmydream.ca and using the social media tag #NOtoMLTT!