SoVote

Decentralized Democracy

Tracy Gray

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • Kelowna—Lake Country
  • British Columbia
  • Voting Attendance: 68%
  • Expenses Last Quarter: $131,412.70

  • Government Page
  • Nov/23/23 4:13:55 p.m.
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Madam Speaker, the hon. member is a colleague from British Columbia, and we know that in British Columbia we have some of the highest housing prices in the country. We know that rent has doubled, and housing costs have doubled. In this legislation that we are debating today, two of the biggest issues that we are dealing with are inflation and the cost of housing. Inflation has caused interest rates to increase which has then caused interest rate payments to be higher for people. Could the member tell us if this legislation would address inflation or interest rates?
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  • Jun/8/23 11:19:01 p.m.
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Mr. Speaker, I really do not know how this legislation ties into tackling inflation at all. I mean, we saw inflation go up again a month ago. We also saw interest rates rise just yesterday. What the government is doing is not working. I do not know what is in this legislation that has anything to do with bringing down costs or bringing down inflation. If anything, it will add to costs because it is adding more of a burden to companies with all of these new committees. They are going to have to do governance reviews every three years as well, so I am not sure how that is going to bring costs down.
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