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House Hansard - 52

44th Parl. 1st Sess.
April 4, 2022 11:00AM
Context: House Hansard - 52 - Apr/4/22
Mr. Denis Trudel (Longueuil—Saint-Hubert, BQ)
  • Apr/4/22 1:08:00 p.m.
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  • Re: Bill C-8 
Madam Speaker, I will continue with the question I asked another Conservative colleague earlier about the housing crisis. This morning, Radio‑Canada posted a very interesting article on housing, which reads as follows: The largest program under the national strategy is the rental construction financing initiative. This program has a budget of nearly $26 billion, or 40% of the national housing strategy....According to the initiative's rules, 20% of the units have to be affordable....The problem is that only 3% of the units funded by the initiative meet the needs of low‑income households. We are spending 40% of $26 bilion on this affordable housing program, but only 3% is effectively being used to build affordable units. My Conservative colleagues are always worried about inflation, but how can we both house people and prevent inflation from rising?
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Context: House Hansard - 52 - Apr/4/22
Hon. Randy Boissonnault (Minister of Tourism and Associate Minister of Finance, Lib.)
  • Apr/4/22 2:19:53 p.m.
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Mr. Speaker, the Conservatives continue to ignore the facts. Our GDP grew for the eighth consecutive month. We have recovered 112% of the jobs lost to the pandemic. In 2021, we saw Canada's largest annual trade surplus, at $6.6 billion. Households, on average, have more savings than debt, and S&P and Moody's have reaffirmed our AAA credit rating. Those are the facts.
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