SoVote

Decentralized Democracy

Adam Chambers

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Simcoe North
  • Ontario
  • Voting Attendance: 67%
  • Expenses Last Quarter: $121,028.17

  • Government Page
  • May/15/23 2:09:25 p.m.
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Mr. Speaker, Canada is in a housing crisis and the government is unwilling to admit it. We are not building homes fast enough and the ones that do get built are more out of reach than they have ever been. It is leaving an entire generation of young people feeling like home ownership is no longer a possibility. Since 2015, mortgage payments have doubled, rent has doubled and the required down payment to buy one's first home has also doubled. In some places, like Orillia, prices have gone up almost 300%. We are now projected to build fewer homes this year than last year. In fact, Canada has the fewest homes per 1,000 residents than any G7 country. The government's approach has been heavy on communication and light on results. What is the government doing now? It has a fancy new account that will take five years to max out, and the government is now supporting banks to unilaterally extend amortization to well over 40 years. This is going to keep house prices high and out of reach for many young Canadians. We need a government that will admit we are in a housing crisis and focus on results.
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  • May/9/22 2:34:04 p.m.
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Mr. Speaker, in 2015, the government was elected on a promise to make housing affordable, but since then the average Canadian house price has increased by 100%. In Orillia, it is up 300%. The government's solution is to throw a few more billion dollars at the wall and see what sticks, but the shiny new tax-free home savings account will not be available for at least one year. Then people will have five years to deposit enough money to max out the program. Help is six years away, not today. The government is abandoning young people on housing. Why?
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  • Apr/8/22 12:49:40 p.m.
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Mr. Speaker, I want to thank my hon. colleague for his intervention and his comments, especially as they relate to greater co-operation in the House and the tone that we take. I think that is very important. I would like to mention that I have enjoyed working well with my colleague on the finance committee. As he referenced, we did make an amendment to government legislation. I hope I can look forward to some potential co-operation in the future with respect to legislation as well. With respect to the budget, the question I have for this member is this: The government has put forward, in part of its housing strategy, a marquee new account for young people to save for a home. I wonder if he could let the House know what his thoughts are on the housing strategy in general but in particular this marquee savings account that this government will be touting all across the country.
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