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Decentralized Democracy

House Hansard - 80

44th Parl. 1st Sess.
June 2, 2022 10:00AM
  • Jun/2/22 2:42:57 p.m.
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Mr. Speaker, when urban millennials read the Youthful Cities index, it is clear the Minister of Housing has failed. The average young person's budget takes a $750-a-month hit just for living in a city. A new, shiny savings account for a home will not help these millennials, as inflation outpaces their wages. There are no savings to be had. The only thing this minister has delivered to them in seven years is a doubling of housing prices. Does the minister comprehend that all of his empty talk on housing affordability has made a whole generation of Canadian millennials cynical about politics and about the current government?
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  • Jun/2/22 2:43:38 p.m.
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Mr. Speaker, that is a lot of hot air to cover 10 years of inaction on housing. We are the government that brought back national leadership on housing. We are investing more than ever before to help Canadians access their dream of home ownership. Every time in this House when we have brought measures to help Canadians access— Some hon. members: Oh, oh!
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  • Jun/2/22 2:44:21 p.m.
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Mr. Speaker, the reason they cannot handle my answer is that I am exposing their bankrupt policies and their fake rhetoric in this House. For 10 years, they had a chance to invest in affordable housing and provide national leadership on an important issue for Canadians. What did they do? They downloaded housing to provinces and municipalities. One would think that they would learn from their time in opposition. Even today, the members of their caucus always talk about how we should withdraw from our affordable housing investments. Shame on them. Some hon. members: Oh, oh!
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  • Jun/2/22 3:10:03 p.m.
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Mr. Speaker, the hon. member is absolutely right. One of the key tools to making sure that there is more supply for Canadians is to actually invest in housing supply. That is exactly what the housing accelerator fund is about. We will invest $4 billion in municipal governments to make sure that we invest in their systems so they can build more supply and they can build more supply faster. We also banned foreign ownership of Canadian residential real estate for two years so we can free up more houses for Canadians to purchase. We are also putting together different programs to enable first-time homebuyers to access their dreams of home ownership. That is what federal leadership looks like. It is one thing to talk about doing something. It is another thing to actually get the job done.
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