I don't think they're trying to discourage it, so much as perhaps the assumption is that people who are in the market for home ownership already have a big financial leg-up on people who aren't, and so they save the tax breaks for the people who are more in-need, and pour that money we mortgage-holders aren't getting a break on, back into social services.
I guess it's just the Canadian way. I think it would be nice, in that it might make home ownership possible for more people who are just on the cusp of being able to afford it, but I guess I can see both sides of it.
Not that I still wouldn't love a large refund at tax time... but that really doesn't seem likely, given my untaxed freelance earnings, which I always just hope to balance out with my sad little pile of deductions (registered retirement plan contributions, charitable donations and this year, for the first time in a while, education costs!)
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
timeasmymeasure
Re: *sigh*
Date: 2006-01-31 02:21 pm (UTC)I guess it's just the Canadian way. I think it would be nice, in that it might make home ownership possible for more people who are just on the cusp of being able to afford it, but I guess I can see both sides of it.
Not that I still wouldn't love a large refund at tax time... but that really doesn't seem likely, given my untaxed freelance earnings, which I always just hope to balance out with my sad little pile of deductions (registered retirement plan contributions, charitable donations and this year, for the first time in a while, education costs!)