44th Parl. 1st Sess.
March 23, 2022 02:00PM
- Mar/23/22 2:12:22 p.m.
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Mr. Speaker, the cost of living continues to be a gut punch to my constituents in Brantford—Brant and all hard-working Canadians. Food costs are up 7.4% and gasoline 32.3% in just one year. The housing affordability crisis has become even worse with the biggest month over month hike since April of 1983. To add insult to injury, the new NDP-Liberal government is pushing ahead with several tax hikes, including the carbon tax.
What does the NDP Prime Minister have to say to the elderly, young parents and many other members of my riding? They do not want to hear the old speaking points about Canada's recovery and our credit rating. They need immediate relief now. Instead, Canadians can expect new, unprecedented expenses from the NDP-Liberal government that will drive inflation even higher. What nonsense and how irresponsible is that?
It is time for the NDP Prime Minister to stop punishing hard-working families and start making decisions with fiscal responsibility.
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- Mar/23/22 2:35:03 p.m.
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Mr. Speaker, at the end of 2021, Canadian home prices were 19% above the borrowing capacity of medium-income households. By summer 2022, it is expected to reach a level that is 38% higher than what most borrowers can afford. This is despite the fact that the government has earmarked $72 billion for housing.
When there are no real outcomes we can point to except an affordability crisis, why is the NDP-Liberal government intent on spending Canadians into oblivion?
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- Mar/23/22 2:38:30 p.m.
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Mr. Speaker, I filled up at the pump last week and I understand the situation that Canadians are facing. As my colleague knows, the rising prices at the pumps are due to the tragic situation unfolding in Ukraine.
The problem with the Conservative plan is that it would not work. There is no guarantee that Canadians would see a reduction at the pumps. There is nothing to prevent gas companies from absorbing that cost. While the other side is fighting among itself to pick a leader, we are going to focus on affordability for Canadians.
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- Mar/23/22 2:42:41 p.m.
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Mr. Speaker, I would like to thank my very passionate colleague for his question.
Let us look at the facts. We on this side of the House have recovered 112% of the three million jobs lost during the global pandemic. We introduced the child care benefits to help Canadian families. We increased support for seniors. We increased the Canada child benefit.
While the Conservatives are busy fighting over who they should pick to lead them, we will focus on ensuring affordability for all Canadians.
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- Mar/23/22 2:46:37 p.m.
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Mr. Speaker, we understand the affordability challenge that Canadians are facing. Let us remember that inflation is a global phenomenon and that energy prices, supply shocks and the war on Ukraine are causing prices to rise. On this side of the House, we will keep focusing on affordability.
Without our fiscal prudence, Canada's GDP would have declined by a further eight points, the unemployment rate would have risen by another 3.2 percentage points, and we would not have recovered over three million jobs, which were lost at the height of the pandemic.
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- Mar/23/22 2:48:54 p.m.
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Mr. Speaker, let us set forth some facts. There was $511 billion invested in Canadians during the height of the pandemic, and more than three million jobs have been recovered since the height of the pandemic.
The inflation that we are experiencing is a global phenomenon. We will keep focusing on affordability. While the Conservatives fight among themselves to pick a leader, we are going to focus on Canadians and putting more money in their pockets.
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- Mar/23/22 3:15:10 p.m.
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Mr. Speaker, it dismays me that I need to stand again and raise a point a order. The Minister of Housing stated again that there was no mention of affordable housing in the Conservative platform from the last election. I am seeking unanimous consent to table that plan and outline that we did have a plan to address affordability.
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