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Decentralized Democracy

House Hansard - 217

44th Parl. 1st Sess.
June 20, 2023 10:00AM
  • Jun/20/23 2:25:06 p.m.
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Mr. Speaker, eight years of this Prime Minister's promises and actions have brought suffering to Canadians. In a letter to one of our MPs and the Journal de Montréal, Émilie Choquet said that rising interest rates will soon force her family to sell their home because monthly payments have increased from $2,300 to $3,700. She may lose her home because this government's inflationary policies are boosting interest rates. Will he reverse his policies so people can keep their homes?
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  • Jun/20/23 2:34:09 p.m.
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Mr. Speaker, we know Canadians are struggling with the cost of housing, whether it is a young family looking to buy their first home or a student struggling to pay the rent. That is why we have been taking action on many fronts. We are helping Canadians save up for their first home. We are investing in building and repairing more homes, including through supporting local governments to fast-track the creation of 100,000 new homes. We are providing support for low-income renters. We are also ensuring that houses are used as homes by curbing unfair practices that drive up prices, including with a foreign homebuyers ban and a federal anti-flipping rule. We will continue to support Canadians challenged with housing.
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  • Jun/20/23 8:55:49 p.m.
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  • Re: Bill C-42 
Madam Speaker, I do not think it is fair, whether it is the Conservatives in Ontario or the NDP in British Columbia, to point a finger at them and say they have failed, or at Ottawa and say it has failed, because I think all three governments have brought forward different initiatives to try to prevent real estate speculation and keep pricing more affordable for Canadians. At the end of the day, we have a national government that is prepared to invest in housing. Has there been laundering in real estate? Of course we believe there has been. However, we are working with provincial jurisdictions and financial and real estate associations to try to minimize it, because by doing that, we will in fact make homes more affordable.
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