At the provincial level, we advocate for policies that will increase the supply of housing while making homeownership more affordable. Some examples of the housing affordability measures we advocate for include: reducing tax for homeowners and increasing tax incentives for first-time home buyers. We also actively engage on legislative and regulatory matters such as advertising, licensing, education and regulatory requirements with member input.
Some recent successes include:
MPC’s January 2020 response to FCNB’s Consultation Paper on incidental selling of insurance in New Brunswick.
FSRA has introduced amended disclosure forms for non-qualified syndicated mortgages.
MPC is pleased that many of its MBLAA review recommendations were adopted by Ontario Ministry of Finance.
Proposed Changes to NQ-HRSMI Disclosure
BC regulator issues cease and desist order
Overview of Housing Affordability Discussions in Victoria
Member volunteers met with over 35 MPPs to discuss housing.
View budget excerpts pertaining to mortgage and housing industry.
Advice to policymakers for improving housing affordability for Ontarians.
Manitoba enhances support of homeownership.
Joint recommendations provided with CMBA-Ontario.
Successful meetings held in advance of transfer of regulatory oversight.