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Decentralized Democracy

Senate Volume 153, Issue 13

44th Parl. 1st Sess.
December 16, 2021 02:00PM
  • Dec/16/21 2:00:00 p.m.

Senator White: Thank you very much for that response, senator.

While the minister spoke about the years of work, that work wasn’t specifically identified, but it would suggest that there was an analysis done as to what we’ve seen over the last year, in particular. Was there an analysis provided to the leader’s office that he could share with the Senate?

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  • Dec/16/21 2:00:00 p.m.

Hon. Vernon White: Honourable senators, my question is to the government leader in the Senate.

Last June, I asked about the housing price explosion and how the government would help. It’s now been six months and things are not improving. Yesterday, in the government’s fiscal update, the Minister of Finance said it would take years of work to tackle the challenges, making Canada’s housing market unaffordable. Canada has seen a record spike in home price appreciation during the pandemic. National average home prices are up 18% from October 2020 to October 2021.

Can you advise what specific measures the government will offer to help grow the housing availability for those in need?

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