SoVote

Decentralized Democracy

House Hansard - 56

44th Parl. 1st Sess.
April 8, 2022 10:00AM
Context: House Hansard - 56 - Apr/8/22
Mr. Dan Albas (Central Okanagan—Similkameen—Nicola, CPC)
  • Apr/8/22 11:32:31 a.m.
  • Watch
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?
106 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 56 - Apr/8/22
Mr. Tako Van Popta (Langley—Aldergrove, CPC)
  • Apr/8/22 11:53:54 a.m.
  • Watch
Mr. Speaker, that was very amusing. The government’s first-time homebuyer’s incentive program is a bust. I have spoken to home builders, mortgage brokers, realtors and prospective first-time buyers who tell me that the program does not work in Canada's more expensive real estate markets. The average price of a home in my riding of Langley—Aldergrove is now higher than the upper limit permitted under the program. Why is the NDP-Liberal government doubling down on this failed and discredited program?
89 words
  • Hear!
  • Rabble!
  • star_border