SoVote

Decentralized Democracy

House Hansard - 230

44th Parl. 1st Sess.
October 5, 2023 10:00AM
Context: House Hansard - 230 - Oct/5/23
Mr. Alexandre Boulerice (Rosemont—La Petite-Patrie, NDP)
  • Oct/5/23 12:10:32 p.m.
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  • Re: Bill C-56 
Madam Speaker, I thank my colleague for her great speech. I agree that eliminating the GST on rental housing construction is a small measure, too small to fix the current crisis. However, it is an NDP proposal, so I do want to defend it. The thing that has us concerned is that the Liberals went only halfway. They are eliminating the GST on housing construction, but with no guarantee that this will have an impact on the price of rent. There is a risk that this 5% rebate will end up in the pockets of the developer building the housing. Does my colleague share that concern?
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Context: House Hansard - 230 - Oct/5/23
Ms. Lianne Rood
  • Oct/5/23 12:26:25 p.m.
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  • Re: Bill C-56 
Madam Speaker, part of the reason we cannot get houses built is because we cannot even get workers to work. A mom of a young adult told me that her son completed college and has a full-time job. He does training, travels as requested and has duties, but he cannot afford to live or rent near work. He lives at home; he drives over an hour each way, paying too much in gas to save for a mortgage or first and last on a rental. He looked into an electric vehicle and put down a deposit to purchase, but he cannot afford the higher insurance, not to mention the higher payments. He could not find any government rebates or incentives. His work, which he absolutely loves, as a very skilled and specialized—
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Context: House Hansard - 230 - Oct/5/23
Ms. Louise Chabot (Thérèse-De Blainville, BQ)
  • Oct/5/23 1:10:27 p.m.
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  • Re: Bill C-56 
Madam Speaker, I would like my colleague to further explain how exempting rental housing developers from paying GST will address the crying need for affordability. How is this going to lower housing prices to help the middle class and the poorest get by? Given that this was an NDP idea, from what I understand, can my colleague explain how this will address those needs?
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Context: House Hansard - 230 - Oct/5/23
Mr. Brian Masse
  • Oct/5/23 1:11:13 p.m.
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  • Re: Bill C-56 
Madam Speaker, something I have some concern about, too, is whether the GST removed from new rental builds will help lower the cost of building the units at that time, but the key component to this would be the follow-up to make sure the savings are passed on to the people buying or renting those units in the future, not only in the short term but in the long term. Sadly, on some that were built, the savings did not get passed on. For example, in the oil and gas industry, there has been a fight to remove or reduce the GST on some of the costs, but they are never passed onto the consumer, so it is an extra cash grab for corporate conglomerates.
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