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House Hansard - 14

44th Parl. 1st Sess.
December 9, 2021 10:00AM
Context: House Hansard - 14 - Dec/9/21
Mr. Matthew Green (Hamilton Centre, NDP)
  • Dec/9/21 10:45:57 a.m.
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Madam Speaker, we have heard the hon. member and, in fact, all Conservatives flaunt the private sector and flout government investments of around $400 billion. However, they never seem to talk about the $750 billion that went into Bay Street and the big banks, which was absolutely the gasoline on the dumpster fire of this housing crisis. Given all they have created in the Conservative plan for housing, the Conservatives have never once talked about rentals, and they have never once talked about the financialization of housing. Would the hon. member agree that there need to be steps to eliminate the preferential tax treatment enjoyed by financial firms and big companies such as REITs, particularly through CMHC, which are gobbling up all of our rental stock?
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