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House Hansard - 76

44th Parl. 1st Sess.
May 20, 2022 10:00AM
  • May/20/22 11:57:35 a.m.
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Madam Speaker, deficits, monetary expansion and consumer taxes, like the carbon tax, all drive up inflation, and nowhere is this more obvious than in Canada's housing market, where the price of housing went through the roof at a time of massive job loss and shrinking GDP during the pandemic. The government's response has been to pat itself on the back while a generation of Canadians give up on home ownership. When will the government get serious about reducing inflation, especially in housing?
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  • May/20/22 11:58:10 a.m.
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Madam Speaker, we know that we need to increase housing supply in this country to give more Canadians the opportunity of home ownership. We also know that we need to help first-time homebuyers with a tax-free savings account so they can buy their first home. We have banned foreign ownership of Canadian residential real estate to free up more homes for Canadian first-time homebuyers. We have all these measures, and even more investments in affordable housing, but the Conservatives oppose them. They can stand up here and talk about housing all they want, but when it comes to actually doing something about it, they have no ideas and they vote against ours all the time.
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