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Decentralized Democracy

House Hansard - 194

44th Parl. 1st Sess.
May 10, 2023 02:00PM
  • May/10/23 2:38:34 p.m.
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Mr. Speaker, the sum total of the result is that the cost of an average mortgage has doubled. The cost of an average down payment has doubled. The average cost of rent in the 10 biggest cities has doubled: double trouble. What is the Prime Minister doing to the federal gatekeepers at the CMHC whose mandate it is to carry out his policies? He has given them $27 million of bonuses. Now homebuyers will have to pay high prices for the house and then fees to the CMHC so his executive gatekeepers can get more money. Why does he not stop giving money to gatekeepers and start getting out of the way so we can build affordable homes?
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  • May/10/23 2:39:13 p.m.
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Mr. Speaker, while the only plan the Conservatives put forward for housing is cuts to programs and cuts to investments, we are helping Canadians save up for their first home, including with the first-time homebuyer incentive and the tax-free first home savings account. We are investing in building and repairing more homes, including supporting municipalities to fast-track the creation of 100,000 new homes. We are ensuring that homes are used as homes, by curbing unfair practices that drive up prices, including banning foreign homebuyers and a federal anti-flipping rule, which, unfortunately, is being filibustered by Conservatives, who do not want to see the budget pass with measures to help Canadians right across the board.
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