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e-2815 (Taxation)
- Keywords
- Canada Mortgage and Housing Corporation
- Capital gains tax
- Colleges and universities partnerships
- Home ownership
- University of British Columbia
E-petition
Initiated by Leanne Korczak from Cochrane, Alberta
Original language of petition: English
Petition to the Prime Minister
Whereas:
- The Canada Mortgage and Housing Corporation (CMHC) has come to an agreement with the University of British Columbia (UBC) worth $250,000 to research a federal home equity tax;
- Researchers from the same university referred to homeowners as “lottery winners with an unfair tax advantage” in 2019;
- Millions of Canadians have purchased homes as not only a place to live, but an investment they hope to see grow in value over the years;
- It is wrong to punish homeowners with added taxes when they sell their home after years of investment; and
- The Prime Minister and cabinet have failed to fully reject the idea of a home equity tax.
We, the undersigned, Canadian citizens, call upon the Prime Minister to:
1. Immediately cancel the agreement made between the CMHC and UBC to study the idea of a home equity tax; and
2. Reject any possibility of this tax being implemented in the future.
- Open for signature
- August 28, 2020, at 3:38 p.m. (EDT)
- Closed for signature
- December 26, 2020, at 3:38 p.m. (EDT)
