Wednesday, October 17, 2007

Realtors Feel It Is In The Best Interests Of Canadians To Own More Homes

Wow, Realtors feel it is in the best interests of Canadians to own more homes. And who would benefit from such a thing. Surely not real estate agents? Although home ownership is positive economically the CREA is pushing the federal government to fight homelessness. Read on Below.

OTTAWA, Oct. 16 /CNW Telbec/ - The Canadian Real Estate Association will
be paying close attention to the Harper government's unveiling of its new
priorities, which are to be outlined in the upcoming Speech from the Throne.
"We hope to see this federal government recognize and assume its shared
responsibility in the development of sound policies for Canada's housing
sector," said Pierre Beauchamp, Chief Executive Officer for The Canadian Real Estate Association. "This Throne Speech represents a great opportunity to address the needs of this important segment of our economy."

REALTORS(R) have been advocating for the development of a national
housing policy where important concerns such as homelessness and the need for radical changes for First Nations housing would be dealt with at the federal

REALTORS(R) have also called for the implementation of much needed fiscal
policies aimed at encouraging investment in real property and an increase in
homeownership for Canadians. Such measures include a capital gains tax
rollover for real property investments and a loan limit increase for Canada's
Homebuyers' Plan loan, which targets first-time homebuyers.

The Canadian Real Estate Association (CREA) is one of Canada's largest
single-industry trade Associations, and represents more than 92,000
REALTORS (R) across Canada. CREA's primary mission is to represent its members at the federal level of government. CREA also works to defend the public's right to own and enjoy property.

Please note representatives of The Canadian Real Estate Association will
be available for comment following the Throne Speech October 16th.

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