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Decentralized Democracy

House Hansard - 47

44th Parl. 1st Sess.
March 28, 2022 11:00AM
  • Mar/28/22 12:35:07 p.m.
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  • Re: Bill C-8 
Madam Speaker, I thank my colleague from the Bloc Québécois for his question and his intervention. In this section, there is a 1% tax on vacated homes. I would use as an example, in the province of Quebec, perhaps the city of Montreal, where housing prices are in the millions of dollars. With no disrespect to the 1%, that could be into the tens of thousands of dollars. I would argue that it does not disincentivize some people, if they are those who can afford to spend $3 million or $4 million to buy a home and leave it vacant. We have asked at different committees what that correlation would actually do to cool the market. It remains to be seen. What I will offer is an alternative, and I will agree with my colleague. Working with provinces and municipalities, we need to look at banning foreign buyers who are in it for profit and investment from getting into the system. I believe that tool, which is not included, could actually cool the market more than what is being proposed in this legislation.
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  • Mar/28/22 2:28:40 p.m.
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Mr. Speaker, I want to thank my colleague for giving me the opportunity to say more about the important investment we announced on Friday: a $2‑billion unconditional top‑up to the Canada health transfer, in addition to the $45 billion, effective April 1, to reduce wait times for treatments, surgeries and diagnostics, which have done so much harm over the past few months. It is time to clear the backlogs in order to prepare the health care system for future challenges.
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  • Mar/28/22 5:37:21 p.m.
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  • Re: Bill C-8 
Madam Speaker, I take issue with the member's comments about climate change being something we can put off. Climate change is not something we can put off. We have to act now, and we have to act boldly. Any investment we make into fighting climate change now will be well worth that investment, because it is going to cost us 100 or 1,000 times more if we wait 10 or 20 years, and we will be worse off besides.
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