SoVote

Context: House Hansard - 180 - Apr/19/23

Mr. Mike Morrice (Kitchener Centre, GP)

Apr/19/23 3:59:59 p.m.
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Mr. Speaker, I am proud to table a petition on behalf of over 1,200 people who recognize that, first and foremost, homes should be places for people to live and not commodities for institutional investors to trade. They know that the commodification of housing, including the rapid rise of institutional investors like real estate investment trusts and their holdings, has substantially contributed to the unaffordability of housing and has worsened the housing crisis that we are in. They recognize that REITs comprise some of Canada's largest corporate landlords, which have long received special tax treatment from the federal government. They also note that REITs have grown from owning no rental suites at all in 1996 to nearly 200,000 in 2021. As a result, along with other items, the petitioners call on the Government of Canada to remove the tax exemption for real estate investment trusts and use the revenue that would be generated in doing so to invest in quality, affordable and dignified non-profit and co-operative housing.

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Context: House Hansard - 180 - Apr/19/23

Mr. Mike Morrice (Kitchener Centre, GP)

Apr/19/23 4:19:49 p.m.
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Mr. Speaker, I am so disappointed by this budget, because there are at least four new subsidies for oil and gas companies. What does the member from La Prairie think about the fact that, in the midst of a climate crisis, there are new subsidies for oil and gas companies?

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Context: House Hansard - 180 - Apr/19/23

Mr. Mike Morrice (Kitchener Centre, GP)

Apr/19/23 7:26:15 p.m.
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Madam Speaker, last Saturday night, I was with over 800 people at the Working Centre's annual mayors' dinner. It is an incredible organization in my community that has been on the front lines of responding to poverty, unemployment, the housing crisis and more. It was at that event that we got to hear of the lived experiences of people living unsheltered. One estimate that we now have is that about double the number of people in the room that night are living unsheltered across Waterloo region. This is a crisis that we are in the midst of. In Waterloo region, we have plenty of people with great ideas and passion. People are, for example, coming together to buy properties to keep them permanently affordable, such as Union Co-operative is doing. Organizations such as the Working Centre, the House of Friendship, Beyond Housing and so many more are pouring their hearts and lives into building the affordable housing that we need. In light of this, I need the parliamentary secretary to know that the federal government cannot take a year off when it comes to addressing the housing crisis. Communities like mine, while full of people who are ready to step up, cannot be expected to do it on their own. We need all three levels of government acting like this is the crisis that it is. Months ago, Canada's federal housing advocate, a position that was created by the federal government own legislation, was clear. She said that the national housing strategy is failing. After this budget, she said, “The newly unveiled Federal Budget is a sorry disappointment. It completely misses the mark on addressing the most pressing housing crisis this country has ever seen.” Why did she say that? It is because on housing, there was nothing in it, outside of a needed investment in indigenous housing, which is unfortunately back-loaded, and the funding does not start for a few years still. My concern is that the federal government might be out of ideas on housing while we are in the midst of a crisis that needs urgent action. For the rest of my time, I want to offer more of those ideas for the parliamentary secretary to continue to put pressure on the implementation. First, we need to get more affordable non-market housing built. One simple idea is to make the rapid housing initiative a permanent annual funding envelope for housing providers, in my community and others across the country, to apply for, predictably, to build the housing they are keen to build. Second, we need to increase investments in co-op housing to get more built, just the way we did back in the eighties at the rate and the pace that we did then. We cannot pat ourselves on the back for an investment in co-op housing from last year and pretend that this is enough. Third, we need to end the loophole for real estate investment trusts to ensure that they pay their taxes at the same rate as others and direct that funding to build more of the non-market housing that we need. Fourth, we need to follow through on Habitat for Humanity's call to waive GST for all affordable housing built by charities across the country. My question to the parliamentary secretary is this: Will they push for these kinds of initiatives to address the housing crisis we are in?

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Context: House Hansard - 180 - Apr/19/23

Mr. Mike Morrice

Apr/19/23 7:33:18 p.m.
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Madam Speaker, I would agree that there are other parties here that are not doing enough on housing, but that was not the question I asked. I asked how the parliamentary secretary can stand by a budget that does not invest in the housing we need. He spoke about the rapid housing initiative. That is one of the issues I am calling on to be renewed. The City of Kitchener was calling for it to be renewed too, and it was not in this budget. The calls of organizations across the country are clear. We cannot spend time patting ourselves on the back for investments from past years in the midst of a housing crisis. I would invite the parliamentary secretary, as I have said to others, to come by my community and meet the people who are living unsheltered and calling for so much better. Will he come and visit?

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