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Decentralized Democracy

House Hansard - 56

44th Parl. 1st Sess.
April 8, 2022 10:00AM
  • Apr/8/22 10:44:44 a.m.
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Mr. Speaker, I would like to thank the member for Abbotsford, not only for his public service but also for his giving a shout-out to all those communities still recovering from the floods of last year on which we have seen no action from the government. The finance committee heard from Statistics Canada that it has not recorded this level of inflation in 30 years, and in fact the main drivers were gas, groceries and housing. This budget is pushing more and more inflation. The purchasing power of everyday Canadians is being lessened every time they go to the grocery store or fill up their tanks. Could the member talk a little more about inflation and about how the government, this spend-DP-Liberal budget, is going to make it worse?
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  • Apr/8/22 11:31:25 a.m.
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Mr. Speaker, like everything in this spend-DP-Liberal budget, what they announce is not what we get. Instead of a real ban on foreign ownership and housing like the Conservatives proposed, their so-called ban on foreign buyers is anything but that. Under this policy, a foreign national can still purchase a home. If they separate from their spouse, they can buy another home. If their child turns 18 and wants to buy the house across the street, they still can. This does nothing to help put first-time homebuyers first. Why is the so-called ban so full of holes that it is like Swiss cheese?
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  • Apr/8/22 11:32:31 a.m.
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Mr. Speaker, another spend-DP-Liberal housing policy that is not as advertised is the first-time homebuyer savings account. So many millennials cannot go to the bank of mom and dad and instead have to scrimp and save every penny, and they do not qualify today for a mortgage because of the Liberal stress test. If those who are fortunate enough to have saved today cannot get into a home, how in the world will it be any different for those millennials who will scrimp and save over the next five years in their shiny savings account when the stress test bounces them as well?
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