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Decentralized Democracy

House Hansard - 311

44th Parl. 1st Sess.
May 8, 2024 02:00PM
Context: House Hansard - 311 - May/8/24
Right Hon. Justin Trudeau (Prime Minister, Lib.)
  • May/8/24 2:26:11 p.m.
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Mr. Speaker, instead of stirring up anxiety with misinformation, the member should give Canadians the true facts. The fact is that Canada's fiscal position is the strongest of the G7 countries. We have the highest credit rating of almost any country in the world. We are investing responsibly to ensure that we are putting the government's assets in the service of Canadians and their interests. Our investment in housing is based on a highly comprehensive plan to create housing for all generations.
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Context: House Hansard - 311 - May/8/24
Right Hon. Justin Trudeau (Prime Minister, Lib.)
  • May/8/24 2:50:26 p.m.
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Mr. Speaker, we have invested $900 million in Quebec alone through the housing accelerator fund. It has been so well received by Quebeckers that the Quebec government chose to add $900 million to the federal investment, because it knew the program would deliver housing across Quebec. We are here to work in partnership with municipalities and provinces to invest in more housing, while the ideologically driven Leader of the Opposition calls for austerity and cuts, saying that if the government spent less, people would have more homes. That is not true. He is wrong.
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Context: House Hansard - 311 - May/8/24
Mr. Tako Van Popta (Langley—Aldergrove, CPC)
  • May/8/24 4:49:13 p.m.
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Mr. Speaker, I would point out that, with Canada's very high real estate costs, many of our investment dollars are going into real estate. One economist called it a “black hole” for investment. That money could otherwise be going to much more productive industrial use. I believe this is what Canada is lacking: investment in technology and industries that are really going to grow our economy. That is one reason our productivity rate is so much below the rates of other competing nations and, in particular, the United States, our closest trading partner.
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