Disciplined budget good news for home buyers, CHBA says

OTTAWA, June 6, 2011 /CNW/ - The Canadian Home Builders' Association (CHBA) today complimented Finance Minister Jim Flaherty on a budget that will create the conditions needed to meet the economic and fiscal challenges facing the country. "Today's budget provides a responsible transition from stimulus spending towards creating the conditions that will renew private sector demand and job creation," said CHBAPresident Vince Laberege of Edmonton.

Mr. Laberge said "jobs are absolutely essential for durable economic growth and stable housing markets. Artificially low interest rates and short-term stimulus are no substitute for continued job growth in the private sector."

Mr. Laberge said "the CHBA is pleased to see the Harper government is moving to fulfill commitments made during the election and that the budget has a focus on responsible fiscal management and job creation."

Mr. Laberge applauded the government's decision to renew the ecoENERGY Retrofit-Homes Program. "We are extremely pleased that Mr. Flaherty has chosen to maintain momentum among homeowners for improving the energy performance of their homes," he said. "This is an important and practical initiative that can rejuvenate our existing housing stock, reduce energy bills and reduce greenhouse gas emissions."

The program is complemented by the government's on-going support for the R-2000 initiative, the EnerGuide Rating System and ENERGY STAR for New Homes, all of which contribute significantly to the overall environmental performance of Canadian homes....

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