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House Hansard - 251

44th Parl. 1st Sess.
November 20, 2023 11:00AM
  • Nov/20/23 2:34:01 p.m.
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Mr. Speaker, the hon. member knows that he and I will both wait for tomorrow to see the details of the fall economic statement. However, I want to signal my intent to continue to the pattern of investment in affordable housing in particular that is going to make sure that everyone in this country has a safe and affordable place to call home. Over the 30 years that preceded our time in government, governments of different stripes chose not to make the necessary investments to ensure that we had sufficient, affordable housing stock. We are going to continue to make the investments that are necessary in affordable housing to restore something to the ecosystem, and that is a level of affordability that we desperately need.
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  • Nov/20/23 2:47:48 p.m.
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Mr. Speaker, it is an excellent question, if only it were based in fact. The member has claimed that in fact investment in housing has gone down. I read from the Stats Canada report issued just this morning that multi-unit construction rose 8.2% to $6.6 billion in September with all provinces reporting gains. Residential builds are up 7.3% to $12.9 billion. With respect to the housing accelerator fund, we have deals with Kitchener, Calgary, Kelowna and cities across the country totalling, over the next 10 years, more than 175,000 more homes. The Conservatives promised to cut it.
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  • Nov/20/23 2:49:12 p.m.
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Mr. Speaker, I hate to delight in such a moment where the hon. member, in good faith, tries to pose a question but just does not have the facts. She has claimed that investment has plummeted literally on the day that Stats Canada has indicated that it has increased by 7.3%. When it comes to the strategy we are going to use to build more homes, we are going to change the math to make it work for builders by reducing taxes. Conservatives plan to raise them. We want to change the way that cities build homes by putting money on the table. Conservatives plan to cut it. We will make the investments necessary. We will engage with the sector and other levels of government to get more homes built, whatever it takes.
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