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Decentralized Democracy

House Hansard - 199

44th Parl. 1st Sess.
May 17, 2023 02:00PM
  • May/17/23 2:39:50 p.m.
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Mr. Speaker, the Liberal government is acting like the skyrocketing cost of rent is not a crisis, when it is one of the biggest challenges faced by Canadians right now. For example, in London, Ontario, we have an increase, for a two-bedroom apartment, of 23%. For a single mom, that means an increase of $394 a month. Over a year, that is almost $5,000. How does the minister think a single mom will be able to afford that increase of $5,000 a year on her expenses?
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  • May/17/23 2:41:06 p.m.
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Mr. Speaker, that does not address the problem of high rent. We need action clearly on that, and we need it now. It is also clear that inflation is affecting more than just rent. It is also hitting families by increasing the cost of groceries. In April, grocery prices increased by 9%. That is a huge increase for families. At the same time, CEOs are earning huge salaries and the big grocery stores are raking in massive profits. When is this government finally going to fight inflation and tax these companies' excess profits?
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