Canada's 44th Federal Election Starts Today!

Canada's 44th Federal Election Starts Today!

  • Canada
  • Economy
  • Policy
  • Real Estate
September 20, 2021

Canada’s 44th federal election has finally arrived, voters can start heading to the polls today, Sept 20th. This year’s election is especially important as the economy is heading for recovery and the parties are making plenty of promises. The outcome of this election will dictate where we’re heading and how to achieve in the upcoming years. Below are some promises each party makes with regard to COVID-19, Real Estate and Healthcare.


  • Free vaccine Booster Shot
  • Domestic vaccine Production
  • Legislation to protect businesses requiring workers to be vaccinated
  • Funding to help create proof-of-vaccination
  • Reduce student-loan and increase senior payment
  • Expand caregiver credit into tax-free benefit
  • Eliminate interest on student and change repayment requirement to $50,000 a year
  • Tax on property flipping and ban “blind bidding”
  • Two-year ban on foreigners purchases of housing in Canada
  • Funding to build/repair/preserve home
  • New tax credit for first time home buyers
  • Hire 7,500 family doctors and nurses and expand virtual primary care
  • Spending to reduce waiting times for tests and surgeries
  • Forgive student loan for medical practitioners to work in rural community.



  • Wind down emergency support program as economy re-open
  • Setup rapid booster shot deal
  • Rapid testing at all border and entry point, close border to traveller from global hotspot
  • Domestic vaccine production
  • Against mandatory vaccination
  • Increase competition in the telecom sector
  • Month-long GST holiday a month after the election
  • Increase fines and criminal penalties for grocery price fixing
  • Increase workers benefit to $5,000 as direct credit
  • Two-year ban on foreigners purchases of housing in Canada
  • Release 15% of government owned properties for new builds or covert them to rental
  • Reduce Mortgage stress test
  • Increase health-care transfer over 10 years
  • Encourage employer to add mental-health coverage for the first three years

New Democratic Party (NDP):

  • Employment income benefit for worker returning to school
  • 15% COVID-19 excess-profit tax on corporate
  • Crown corporation for domestic vaccine production
  • Increase the availability and amounts of employment insurance
  • Develop a Canada Post Banking model for isolated communities
  • 20% tax on offshore buyers
  • Increase capital gain tax to 75% on houses bought for investment purposes
  • Create affordable housing and preserve homes
  • Universal prescription-drug program
  • Tackle waiting time and expand virtual and palliative care


  • Criticizes mandatory vaccination
  • Livable income program “life with dignity” to address affordability
  • Abolish post-secondary tuition and cancel federally held student loan.
  • Create affordable housing and preserve homes
  • Retroactive benefit for tenant
  • Rework mandate of CMHC toward supporting development for non-profit housing.
  • Expand public health care dental care with full dental care for low-income children.

Don’t forget to vote!

Yoyoe Lu

Founder and managing principal

Yoyoe is the founder and managing principal of Claridge. She was ranked one of Vancouver’s top real estate agents. Currently, Yoyoe is our strategic mind leading the team to success. Her affiliation with industry professionals put her ahead of our competitors. Yoyoe is also part of the Rotary Club of West Vancouver, Canadian Homebuilders Association, Urban Land Institute and Urban Development Institute.

Ashley Osborn

Development Site and Investment Specialist

Ashely is our lead land and investment advisor. He has been consistently featured in the annual top 100 real estate deals of British Columbia ranking. With over $15 billion worth of domestic and international real estate investments under his belt, Ashley is one of the top agents in the province. His 20 years of real estate and financial experience make him a master in negotiation and acquisition.

Patricia Wong Chong

Investment and Leasing Specialist

Patricia is our investment and retail leasing advisor. Her experience in brokerage and market research analysis has helped her comprise over $550 million in commercial real estate transactions. Patricia is responsible, detail-oriented, and professional. Her strong work ethic and positive attitude have led her to surpass all her competitors.

Schumann Li

Land Assembly & Residential Specialist

Schumann is a top-producing realtor in the Lower Mainland with more than 30 years’ experience. Over the years, Schumann hasn’t just garnered awards, but the trust of countless customers. Her clients continually refer to her outstanding professionalism, work ethic and poise.

Wendy Kaip

Sales Associate

Whether it’s decoding city policies, strategizing relocation plans, home sellers looking for a trustworthy advisor to unlock their property’s maximum potential- Wendy is here to help every step along the way.

Prior to real estate, Wendy spent over a decade in the mining industry with her attention to detail, keen negotiation skills, extensive network and strong reputation for getting the deal done, bringing endless value to her current real estate clients.

Whether you are thinking about selling to a developer, or have more questions about commercial real estate, Wendy invites you to connect, to see how she can utilize her expertise and team to help create value and maximize your real estate goals.

Simon Chan

Managing Broker

Simon is the managing broker of Claridge Real Estate Advisors Inc. His expertise has helped our agents resolve many difficulties. Not only is Simon knowledgeable with real estate legislation, but he is also very detail orientated. With Simon on our team, our agents are confident to conduct businesses and will always get the support they need to ensure they’re not walking on dirty water.

Frank Zhou


As the analyst of the company, my key job is to help brokers to find marketable clients and locate feasible development sites by collecting and analyzing up-to-date market transaction data and conducting target market and property-level research. Meanwhile, I am also in charge of maintaining the company’s property database to ensure accuracy and comprehensiveness and continuously upgrading the level of knowledge by staying up to date with hot topics, and market trends, and incorporating findings into everyday work. Before joining the company, I worked for CR Group as a real estate investment manager, focusing on capital raising, equity and debt financing, acquisition and renovation. I hold 2 master’s degrees, one in Housing Management and the other in Economics.