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Decentralized Democracy

House Hansard - 107

44th Parl. 1st Sess.
October 4, 2022 10:00AM
Context: House Hansard - 107 - Oct/4/22
Ms. Jenny Kwan (Vancouver East, NDP)
  • Oct/4/22 3:12:55 p.m.
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Mr. Speaker, the Liberals' 1% vacancy tax does not come close to adequately addressing the financialization of housing. It lets corporate landlords off the hook who profit from renovicting tenants and jacking up rent. Financial firms now hold up to 30% of Canada's rental housing stock. They do not care about families. Their goal is to line their own pockets, yet the Liberals continue to finance them, knowing that they are a key driver of the housing affordability crisis. Will the Liberals stop financing these corporate landlords that are keeping families from having a roof over their heads?
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