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Decentralized Democracy

House Hansard - 104

44th Parl. 1st Sess.
September 28, 2022 02:00PM
  • 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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  • Sep/28/22 5:53:56 p.m.
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  • Re: Bill C-29 
Madam Speaker, the Bloc Québécois agrees in principle. However, our concerns remain. Last spring, we unanimously passed a motion to ensure that indigenous communities have all the resources they need to lift the veil on the true history of residential schools. The funding needs to be ongoing and predictable to promote healing. Can my colleague assure the House that this funding will be predictable and that these communities can be certain of getting the resources they need in the medium term to allow them to heal?
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