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Decentralized Democracy

House Hansard - 139

44th Parl. 1st Sess.
December 1, 2022 10:00AM
  • Dec/1/22 10:10:34 a.m.
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Mr. Speaker, I am proud this morning to rise on behalf of over 2,000 petitioners who recognize that housing affordability and homelessness are twin national crises. They note that private corporations and real estate investment trusts are rapidly buying up affordable units across the country and raising rents, and that this financialization of the housing market is inflating real estate prices. They are calling on the Government of Canada to implement a suite of eight different measures that would address this root cause of the housing crisis that we are in, including creating regulations for real estate investment trusts, putting in place a national standard for rent control and providing funding for non-profit and co-op housing.
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  • Dec/1/22 3:11:01 p.m.
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Mr. Speaker, last week Canada's federal housing advocate was clear that the national housing strategy is failing. In my community we are seeing this first-hand. Over the past three years, the number of people experiencing homelessness has tripled. Organizations across the Waterloo region are ready to build the affordable housing we need, but they are still waiting on federal funding. Will the Minister of Housing commit to ensuring the national housing strategy actually reduces homelessness in my community and in others across the country?
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  • Dec/1/22 3:11:39 p.m.
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Mr. Speaker, this is a really important issue. That is why our government has prioritized investments to reduce and eventually eliminate chronic homelessness from Canada. We have doubled the federal program to combat homelessness, from $2 billion to just over $4 billion. In addition to that, we have introduced the rapid housing initiative, which has resulted in 10,250 deeply affordable homes, targeting the most vulnerable members of our communities. We know those investments are working all across the country. Some 64,000 Canadians were prevented from joining the ranks of the homeless in this country, and 32,000 were taken out of homelessness.
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