The current version is widely criticized for its $480,000 cap as it isn’t enough to cover a home in Toronto, Vancouver, or Victoria. The new version helps buyers get a foot in the door in those markets by including properties worth up to $750,000.
— Read on ca.finance.yahoo.com/news/not-a-gamechanger-why-the-liberal-plan-for-firsttime-homebuyers-isnt-a-cureall-184959972.html