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House Hansard - 104

44th Parl. 1st Sess.
September 28, 2022 02:00PM
Context: House Hansard - 104 - Sep/28/22
Hon. Ahmed Hussen (Minister of Housing and Diversity and Inclusion, Lib.)
  • Sep/28/22 2:52:44 p.m.
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Mr. Speaker, we know that speculative investments in the real estate sector are contributing to pushing home prices higher. That is why we have legislated an annual 1% tax on vacant, non-residential, non-Canadian owned properties, as well as a two-year ban on foreign ownership of Canadian residential real estate. We have also committed to reviewing the tax treatment of real estate investment trusts and are launching a federal review of housing as an asset class. This is what federal leadership on the financialization of housing looks like.
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Context: House Hansard - 104 - Sep/28/22
Mr. Kevin Lamoureux
  • Sep/28/22 5:50:29 p.m.
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  • Re: Bill C-29 
Madam Speaker, I believe we need to be patient as we continue to work with indigenous people in advancing a wide variety of projects. It was just a number of months ago the Hudson's Bay building in downtown Winnipeg, a historic building of thousands of square feet, became owned and operated by the Southern Chiefs' Organization. Hudson's Bay, which has good reason to want to have reconciliation with indigenous people, gifted the building to the organization. It was so wonderful to see the Prime Minister, Premier Heather Stefanson, a Conservative; Brian Bolman, the mayor of Winnipeg; and the indigenous leaders who led the proposal. There is a significant cost factor to this, and I suspect not every dollar will be optimized, but I would suggest that the investments we are making today will pay great dividends into the future. At the end of the day, we are prepared to invest in reconciliation in all ways.
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