When the program was first introduced nearly two years ago, the federal government believed the incentive would help as many as 100,000, however, as of March 31, fewer than 10,000 buyers have received the incentive.
Ontario homeowners pay property taxes based on 2016 values.
Starts of apartments, condos, and other types of multiple-unit housing types rose higher last month.
"Maybe we all finally have something else to think about other than housing."
“The pandemic has pushed the industry ahead ten years.”