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House Hansard - 42

44th Parl. 1st Sess.
March 21, 2022 11:00AM
  • Mar/21/22 2:35:56 p.m.
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Mr. Speaker, so many Canadians are struggling to find an affordable place to rent, let alone purchase a home. Why? It is because home prices have doubled since the Liberals took office, and they are up 43% since 2019 alone. Over the past two years, the Canada Mortgage and Housing Corporation, which reports to the Minister of Housing, has given out $48 million in bonuses. Did the minister personally sign off on these bonuses, or is he simply going to try to pass the blame onto someone else?
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  • Mar/21/22 6:53:29 p.m.
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Mr. Speaker, I thank my colleague for the reply, and I will summarize again what I said in my intervention. We are five years in and halfway through the $72 billion that was promised. The Auditor General said that the Liberals actually did not spend what they said they were going to. Actually, I am kind of glad about that, because if they had spent more than they already have, we would be further in debt, and I think housing prices might be even higher. We need to stop printing money and debt and giving it to people, which is inflating the market. The national housing plan is not working. Here are some ideas that the Conservatives are proposing: ban foreign buyers, which the government had an opportunity to do through a committee but refused to do; tackle money laundering; make changes to encourage building more apartments and rental housing; and look at mortgage and lending rules and incentives. We need to invest urgently, in my view, in infrastructure for water and sewer, which presents an issue in my riding. We can talk to the mayors of my riding in Glen Walter, Winchester and Ingleside for examples of where that challenge is. Habitat for Humanity is a wonderful organization and social housing is helpful in our community, but we need more action and we need more resolve. Again, clearly, the direction with five years in of a 10-year plan has failed to date, and my riding of Stormont—Dundas—South Glengarry is a good example of that, unfortunately.
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