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Prime Minister Stephen Harper and the Conservatives say they have primed the housing pump enough that Canada is now set for all-time home ownership record.

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Prime Minister Stephen Harper promised new measures to track foreign home ownership in Canada and even hinted at restrictions on buying, during a press conference in Canada’s most expensive housing market

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The party boldly predicted the country will add another 700,000 homeowners and increase the percentage of Canadian households that own their property from 70 per cent to 72.5 per cent.

But the question some critics are quick to ask is whether we actually want so many people owning their homes, with some pointing to the housing crash in the United States that happened almost a decade ago as home ownership rates there soared to all-time highs just below 70 per cent before dropping to about 63 per cent earlier this year.