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Decentralized Democracy

House Hansard - 7

44th Parl. 1st Sess.
November 30, 2021 10:00AM
  • Nov/30/21 4:47:02 p.m.
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Madam Speaker, the member briefly talked about housing. The throne speech actually only mentioned one housing program, the first-time homebuyer incentive. I called it an election gimmick when it was introduced just before the 2019 election. I hope the member would recognize that the program has massively failed. We are about to undertake the third change to the program's criteria. Last year, in 2020, 550,000 properties changed hands among Canadians, homes that were sold to other people who wanted to purchase the properties. Over 9,000 Canadians have used the FTHBI program. That is 1.6% of the total number of homes that changed hands in 2020. This program has been an election gimmick since the very beginning. It was designed to help 100,000 Canadians. The government has even failed to meet that metric and it has one year left to try to reach the 100,000. Will the member admit that the program is a failure? Will the Liberals abandon it and actually adopt the Conservative proposals from this past election?
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  • Nov/30/21 6:02:35 p.m.
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Mr. Speaker, the member is new, so I will give him the benefit of the doubt. I do not know if he heard my question to a previous Liberal member regarding the first-time homebuyer incentive. The first-time homebuyer incentive was an election gimmick in 2019. The CMHC and the federal government said it would help 100,000 Canadians. The federal government's own numbers in February of 2021 show just over 9,000 people were helped. That is is 1.6% of the total number of homes that were sold and purchased by Canadians in 2020. Would he agree with me that this particular program, the first-time homebuyer incentive, is an election gimmick and a waste of time, that it has failed and that the federal government should move on this and adopt the Conservative housing proposals from this past federal election?
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