Prime Minister
Justin Trudeau dropped by Cardinal Vreek Village in Orléans
on Wednesday to visit with some residents and take a tour
of the new sub-division with Tamarack Homes director of
planning and development Michelle Taggart.
Trudeau was in
the area to promote his government's new First-Time Home
Buyer Incentive plan which was part of this week's federal
budget announcement.
 |
| Prime
Minister Justin Trudeau takes a tour of the Cardinal
Creek Village development with Michelle Taggart, drirector
of planning and development for Tamarack Homes. PHOTO
SUPPLIED |
The First-Time
Home Buyer Incentive will make home ownership more affordable
for first-time buyers by helping them to lower their monthly
mortgage payments.
Under the plan,
eligible first-time home buyers could share a part of the
cost of buying a home with the Canada Mortgage and Housing
Corporation (CMHC). For eligible buyers, the program would
reduce the size of their insured mortgage and lower monthly
mortgage payments.
Through the new
Incentive, the CMHC would provide 5 per cent of the value
of a home for a first-time homebuyer with a household income
under $120,000..
“Over these past
few years we heard from Canadians who talked about their
concerns about being able to own their own home," the
Prime Minister said. "We believe in investing in people
and communities, which is why we are taking real, concrete
steps to make sure homeownership remains an achievable dream,
not a privilege afforded to only the richest few.”
During his visit
Trudeau met Véronique and Nicolas Laporte from J.A.
Laporte Flowers and Nursery and he was taken on a tour of
the Cardinal Creek Village Development by Michelle Taggart,
director of planning and development for Tamarack Homes.
 |
| Prime
Minister Justin Trudeau takes selfie with Nicolas and
Véronique Laporte during a stop in Cardinal Creek
Village to make an announcement about his government's
new First-Time Homebuyers Incenrtive. PHOTO SUPPLIED
|
 |
| Prime
Minister Justin Trudeau shakes hands with some of the
construction workers working on the Cardinal Creek Development
in Orléans. PHOTO SUPPLIED |
(This story
was made possible thanks to the generous support of our
local business partners.)
IVNTAGE
VEHICLE EXPERIENCE from 10 a.m. to 4 p.m. at the Cumberland
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OUTDOOR MARKET from 12 noon to 6 p.m. in the Ray Frield
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