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House Hansard - 60

44th Parl. 1st Sess.
April 28, 2022 10:00AM
  • Apr/28/22 2:53:48 p.m.
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Mr. Speaker, the hon. member for Central Okanagan—Similkameen—Nicola should have a talk with the member of Parliament for Mission—Matsqui—Fraser Canyon, because that member believes that we should just download the cost of housing to provinces; his leader believes we should just download the cost to municipalities, and his other colleague, from Calgary Centre, believes that we should not help first-time homebuyers. The members opposite cannot even come together to formulate a coherent policy on affordable housing. The hon. member has been on record opposing the ban on foreign buyers, which would give more opportunities to first-time homebuyers.
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  • Apr/28/22 4:29:12 p.m.
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  • Re: Bill C-8 
Madam Speaker, with the greatest respect, I have to disagree with the hon. member. The reality is that Bill C-8 and our most recent budget include a number of measures to help Canadians with the cost of living. They include dental care; they include doubling the support provided through the first-time homebuyers' tax credit; they include a multi-generational home renovation tax credit, which recognizes that many Canadians want to live together with an extended family; and they include, crucially, a $500 payment to those facing housing affordability challenges. Of course, the budget does also include some significant tax-raising measures targeted precisely for those who are at the very top.
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  • Apr/28/22 4:30:56 p.m.
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  • Re: Bill C-8 
Madam Speaker, I am very glad to have another question on housing, because I think something that every member of this House does, and certainly should, agree on is that housing is one of the most serious economic and social challenges Canada faces today. We have the fastest-growing population in the G7, and the reality is that our housing supply is just not keeping up with a growing country. That is why the budget that I presented earlier this month puts forward the most ambitious plan ever put forward by any Canadian federal government on housing. What does it include? We recognize in the plan that housing is a big, complicated and multi-faceted challenge. We were upfront with Canadians and said there is no silver bullet, no single measure, not even a single budget that will fix it, but we are rolling up our sleeves and we are working on it. We are doing concrete things: the tax-free first home savings account; the $4-billion housing accelerator fund; a homebuyers' bill of rights, including a plan to end blind bidding; and the unprecedented two-year ban on foreign buyers.
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