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House Hansard - 105

44th Parl. 1st Sess.
September 29, 2022 10:00AM
  • Sep/29/22 2:50:43 p.m.
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Mr. Speaker, I agree with the hon. member. We are committed to a “for indigenous, by indigenous” urban, rural and northern indigenous housing strategy. That is why, in budget 2022, we invested more than $4 billion to close the gap that exists in indigenous communities. This includes a $300-million initial investment in an urban, rural and northern indigenous housing strategy. Even in existing programs, we are seeing programs like the rapid housing initiative, in which 41% of the housing is being led by indigenous people and being delivered in indigenous communities. I look forward to working with our partners to get this right, by following the “for indigenous, by indigenous” principle.
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  • Sep/29/22 3:01:02 p.m.
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Mr. Speaker, we know that we need to be there for Canadians who are facing increased rent. That is why we introduced the Canada housing benefit, which is already providing an average of $2,500 to renters across the country who are struggling with the cost of rent. However, we are not stopping there. We have introduced a one-time top-up to the Canada housing benefit of $500, which will go to help an additional 1.8 million Canadians. What are the Conservatives doing? They are playing procedural games to delay that legislation which will enable Canadians to receive that help now. What the hon. member can do is talk to his colleagues to make sure that we pass this important legislation to get rental help to Canadians today.
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  • Sep/29/22 3:11:19 p.m.
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Mr. Speaker, we understand the issue. That is why we have already implemented a 1% annual tax on the value of non-resident, non-Canadian residential real estate. We are introducing a two-year ban on foreign investment in Canadian residential real estate. We are committed to reviewing the tax treatment of real estate investment trusts. We are launching a federal review of housing as an asset class. On this side of the House, we are committed to making housing more affordable by doing our part to tackle the financialization of housing.
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