
Asquith Allen
1.2K posts

Asquith Allen
@AsquithAllen
Huge #Raptors fan | Certified fraghead | Fountain pen aficionado | Político | Jazz lover. Opinions are my own.




I know this is an unpopular take but increasing the capital gains inclusion rate from 50% to 66% will hurt investment in housing at a time when we need it the most. Individual ‘mom & pop’ investors fuel pre-sales that help finance new condo projects. Additionally, with 3-4 units being legalized on all lots, we need individual ‘mom & pop’ investors to get those projects going! Full tax measures: budget.canada.ca/2024/report-ra…



📢 Final numbers are in for Ontario’s 2023 housing starts. ✅ Very excited to see that nearly 10% of all starts were “additional residential units”. This means that policy changes such as Bill 23 measure to allow 3 units and Minister @SeanFraserMP’s push to legalize 4 units are already yielding results! And, we are just getting started! 🏗️ 🏠x4 ontario.ca/page/tracking-…




@SeanFraserMP Mississauga council actually voted unanimously to ask staff to bring a report back on 4 plexes and holding public consultations.





Olivia Chow talking about #MissingMiddle on @CP24 today: “I want to unleash the power of the homeowner. Say to them go build it because we need housing in this city” “Build up to 4 storeys. If you want to have 4 units, you can rent out 3 of them.” Ford-Chow Housing Alliance?✅




Pleasure being on @TheAgenda with @spaikin talking mayoral housing platforms! #TOpoli #onpoli






