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Decentralized Democracy

House Hansard - 195

44th Parl. 1st Sess.
May 11, 2023 10:00AM
  • May/11/23 2:32:28 p.m.
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Mr. Speaker, $3,000 is the price that Canadians could soon be paying to rent a one-bedroom unit in Toronto. That is according to a piece from BNN Bloomberg this week. The report says that limited supply, which of course gives us higher prices, is the reason for this. Under the Prime Minister, new units are not being built fast enough, housing prices have doubled and the dream of home ownership is slipping away. When will the Liberals get out of the way and actually get shovels into the ground?
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  • May/11/23 2:33:29 p.m.
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Mr. Speaker, that is because none of it is working. The housing minister is spending $89 billion to double the price of a home, double rent and double mortgage payments. He is about to build 50,000 fewer houses this year than he did last year. In eight years, we have also lost 20,000 affordable housing units. The Liberals are spending more money to get higher prices and worse results. It is a failure by any measure. Will the housing minister bring home places to live for our people that they could actually afford?
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