SoVote

Decentralized Democracy

House Hansard - 7

44th Parl. 1st Sess.
November 30, 2021 10:00AM
Context: House Hansard - 7 - Nov/30/21
Mrs. Laila Goodridge (Fort McMurray—Cold Lake, CPC)
  • Nov/30/21 2:30:32 p.m.
  • Watch
Mr. Speaker, housing prices have increased by 22% in Canada since this minister was appointed to the finance portfolio. This is not due solely to the pandemic or supply chain issues, because land prices continue to rise. Why will this government not recognize that it is just inflation?
48 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 7 - Nov/30/21
Mrs. Laila Goodridge (Fort McMurray—Cold Lake, CPC)
  • Nov/30/21 2:31:44 p.m.
  • Watch
Mr. Speaker, here is the problem: Land does not have supply chains. It is already underneath our feet, yet land prices have inflated 20% during a year, driving housing inflation. Other countries had COVID disruptions, yet according to Bloomberg, Canada has the second-worst housing bubble. Toronto and Vancouver are more unaffordable than almost every city on earth. Why does Canada have the second-worst housing bubble in the world? Is it just inflation?
74 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 7 - Nov/30/21
Mrs. Laila Goodridge (Fort McMurray—Cold Lake, CPC)
  • Nov/30/21 2:32:59 p.m.
  • Watch
Mr. Speaker, here is the challenge, if the only answer is government subsidies and assistance, then the government is further distorting the market, which means for every family it helps, it is pushing house prices out of reach for another family. The Liberals are spending all kinds of money to make housing more expensive for taxpayers and home buyers. Why does Canada, with among the most abundant supply of land in the entire world, have the second-worst housing bubble in the world? Is it just inflation?
87 words
  • Hear!
  • Rabble!
  • star_border