Earlier this year I was in Ottawa for PAC days. The real estate industry has been actively lobbying the government to make changes to the home buyers plan. The plan that allows you to use RRSP money as a down payment on a home. We want all Canadians to have the ability to use RRSP money as a down payment, not just first time buyers. This year we did see a little success with the plan increasing in the last budget from $20k-$25k, now we want it indexed to inflation.
We are also asking the government to allow for capital gains rollover for reinvestment in real property within a 12 month period.
In any case I got to meet the PM and that was exciting!
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