Throne Speech should address Housing Sector needs



    Note: Association representatives available

    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
level.
    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.




For further information:

For further information: Bob Linney, Communications Director, Cell:
(613) 795-4346

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The Canadian Real Estate Association

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