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Canada
In office
Prime Minister
Liberal Party of Canada
3,062 days in office
42nd Parliament of Canada
03 Dec 2015 - 11 Sep 2019
43rd Parliament of Canada
05 Dec 2019 - 15 Aug 2021
44th Parliament of Canada
22 Nov 2021 - Present

The Canadian federal election of 2021 (officially the 44th Canadian general election) took place on September 20, 2021, and elected members of the House of Commons to Canada’s 44th Parliament. The Liberal Party, led by outgoing Prime Minister Justin Trudeau, won 160 seats, forming a second consecutive minority government.

The Trudeau government had originally made 569 promises in its 2021 campaign platform and press releases. This number was reduced to 352 by an extensive, multi-coder process of sorting promises according to their degree of precision and importance to society. Unclear and less important promises were removed from the analysis.

For an analysis of the achievements of Justin Trudeau’s first government (2015-2019), see Birch and Pétry (2019), Assessing Justin Trudeau’s Liberal Government. 353 promises and a mandate for change, published by Les Presses de l’Université Laval.

In partnership with
Centre for the Study of Democratic Citizenship (CSDC) Center for Public Policy Analysis (CAPP) Leadership Chair in the Teaching of Digital Social Sciences (CLESSN) Fonds de recherche du Québec – Société et culture (FRQSC)
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Promise History

Families
44th Parliament of Canada

3.06.06 - “A re-elected Liberal government will […] [r]educe the price charged by the Canadian Mortgage and Housing Corporation on mortgage insurance by 25%. For a typical homebuyer, this will save $6,100.”

Forward. For Everyone.
Published: Nov 2021
Broken
05-Jun-2024
Justification

Mortgage loan insurance premiums are rising for loans amortized over 30 years, and have not fallen for other mortgages.

“In response to the Government of Canada’s recent announcement to allow 30-year amortization for first-time home buyers purchasing a newly constructed home, CMHC has undertaken a review of its premiums. Effective August 1st, a premium surcharge of 20 basis points will be applied to qualified first-time homebuyers opting for the increased amortization of 30 years.””

CMHC Revises Homeowner Mortgage Loan Insurance Premiums - Canada Mortgage and Housing Corporation (CMHC)

Published: Jun 2024
Not yet rated
28-Mar-2024
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“The 2021 Liberal election platform committed to “reduce the price charged by the Canadian Mortgage and Housing Corporation on mortgage insurance by 25 per cent.” It is time to make good on this commitment.””

Changes to mortgage policy can make owning a home more affordable - Policy Options

Published: Mar 2024
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Not yet rated
Started tracking on: 22-Nov-2021

Forward. For Everyone.

Published: Nov 2021

Reference Documents

“Mortgage loan insurance is typically required by lenders when homebuyers make a down payment of less than 20% of the purchase price. Mortgage loan insurance helps protect lenders against mortgage default, and enables consumers to purchase homes with a minimum down payment starting at 5%* — with interest rates comparable to those offered with a larger down payment.””

Mortgage loan insurance and premiums: A calculator, premiums and how mortgage loan insurance can help you attain homeownership. - Canada Mortgage and Housing Corporation (CMHC)

Published: Jan 2024

“The Affordable Housing Innovation Fund supports new ideas that will drive change and disrupt the industry – ideas and approaches that will evolve the affordable housing sector and create the next generation of housing in Canada.”

Affordable Housing Innovation Fund - National Housing Strategy

Published: Aug 2022
Developed in partnership with
Centre for the Study of Democratic Citizenship (CSDC) Center for Public Policy Analysis (CAPP) Leadership Chair in the Teaching of Digital Social Sciences (CLESSN) Fonds de recherche du Québec – Société et culture (FRQSC)