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Decentralized Democracy

House Hansard - 13

44th Parl. 1st Sess.
December 8, 2021 02:00PM
  • Dec/8/21 7:47:50 p.m.
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Mr. Chair, what is the average increase in house prices since the government took office in 2015?
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  • Dec/8/21 7:47:59 p.m.
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Mr. Chair, Canada's economy contracted by 17% between February and April 2020, the largest and most sudden contraction in real GDP since the Great Depression, and we are already back.
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  • Dec/8/21 7:48:11 p.m.
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Mr. Chair, I asked for just the average house price.
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  • Dec/8/21 7:48:17 p.m.
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Mr. Chair, 5.5 million Canadians lost their jobs and they are all back.
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  • Dec/8/21 7:48:21 p.m.
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Mr. Chair, what would they pay for the average house?
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  • Dec/8/21 7:48:25 p.m.
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Mr. Chair, in 2020, the unemployment rate more than doubled from a pre-pandemic level of 5.7% to a record of 13.7%. It is 6% now.
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  • Dec/8/21 7:48:32 p.m.
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Mr. Chair, I think there is a problem with the audio in the chamber. The question was, what is the average cost of a house in Canada today?
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  • Dec/8/21 7:48:41 p.m.
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Mr. Chair, our government has made historic investments in housing affordability and we will continue to do so.
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  • Dec/8/21 7:48:51 p.m.
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Mr. Chair, our government has made historic investments in housing. We will continue to do so, so that housing is affordable for all Canadians.
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  • Dec/8/21 7:48:58 p.m.
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Mr. Chair, if so, how much have house prices increased since the government took office?
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  • Dec/8/21 7:49:04 p.m.
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Mr. Chair, let us talk about how it is possible for people to afford their houses with good employment. That is why employment income fell by an unprecedented $28 billion during the pandemic.
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  • Dec/8/21 7:49:17 p.m.
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Mr. Chair, I will ask one last time. In dollars, how much have house prices risen since the government took office?
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  • Dec/8/21 7:49:24 p.m.
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Mr. Chair, consumer confidence is back. People are back to work and 106% of the jobs have been recovered since the lowest point in the pandemic.
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  • Dec/8/21 7:49:37 p.m.
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Mr. Chair, from a steep decline in profits, we are back 66% since the bottom of the pandemic.
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  • Dec/8/21 7:49:50 p.m.
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Mr. Chair, does the minister have any idea what it costs for the average person to buy a house in Canada? Does he have any idea, or does he even care?
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  • Dec/8/21 7:49:57 p.m.
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Mr. Chair, the rent subsidy helped more than 213,000 businesses stay afloat.
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