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House Hansard - 119

44th Parl. 1st Sess.
October 27, 2022 10:00AM
Context: House Hansard - 119 - Oct/27/22
Mr. Denis Trudel
  • Oct/27/22 12:07:52 p.m.
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  • Re: Bill C-31 
Mr. Speaker, I was saying that, essentially, my Conservative friends are quick to criticize the government, and rightly so, because there is a huge housing crisis right now. Bill C‑31 does absolutely nothing to address the issue, and I just wanted to point that out today in the House. However, we do not hear a lot of solutions coming from my Conservative friends. They keep saying that we should let the market decide and that the government does not need to get involved. I spoke with an economist from the Canada Mortgage and Housing Corporation two or three weeks ago. He said that in Quebec alone, if we allow market forces to run their course for the next 10 years, 500,000 housing units will be built, including houses and condominiums and so on. However, given the current problems with availability and affordability, 1.1 million housing units would need to be built to meet demand. That is a shortfall of 600,000. How can we get these 600,000 housing units built? That is my question for my colleague.
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