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Decentralized Democracy

House Hansard - 13

44th Parl. 1st Sess.
December 8, 2021 02:00PM
Context: House Hansard - 13 - Dec/8/21
Hon. Jean-Yves Duclos
  • Dec/8/21 8:49:38 p.m.
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Madam Chair, I am sorry to say, and I say it with some respect and regret, that what the Conservatives were proposing in the campaign would have helped rich landlords sell their stock of housing.
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Mr. Matt Jeneroux
  • Dec/8/21 8:49:53 p.m.
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Madam Chair, Canada owns 41 million hectares. I am trying to draw the connection here for the minister. How exactly will the Liberal minister create more housing supply?
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Hon. Jean-Yves Duclos
  • Dec/8/21 8:50:09 p.m.
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Madam Chair, an example is the $4-billion accelerator fund, which we are going to invest in municipalities and provinces, because we know that to partner with them is key to solving the housing crisis.
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Mr. Matt Jeneroux
  • Dec/8/21 8:50:21 p.m.
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Madam Chair, the accelerator fund he speaks of creates 100,000 homes in four years. We went through that already. With 1.3 million empty homes in Canada, how do we solve this issue of getting more housing supply for Canadians?
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Hon. Jean-Yves Duclos
  • Dec/8/21 8:50:40 p.m.
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Madam Chair, another example is the rental housing construction initiative, a $26-billion investment in support of housing builders in Canada. That is going to create tens of thousands of new homes.
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Mr. Matt Jeneroux
  • Dec/8/21 8:50:56 p.m.
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Madam Chair, again, there are 1.3 million empty homes. The Liberals' solution to that is a 1% tax. Wow, that is really going to scare a lot of home landlords. Will the minister commit to never introducing a capital gains tax on the sale of a primary residence?
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Hon. Jean-Yves Duclos
  • Dec/8/21 8:51:17 p.m.
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Madam Chair, we said that just recently, and we have repeated it. What I could add now is that a new Canada housing benefit has been in place for a year, and it has helped 300,000 Canadians pay their rent.
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Mr. Matt Jeneroux
  • Dec/8/21 8:51:31 p.m.
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Madam Chair, 1.8 million new homes are needed in this country. The 100,000 and 30,000 numbers he is talking about solve a symptom, but they do not solve the real problem. Housing supply is the lowest in the G7 and housing prices are the highest in the G7. There is a 5.2% drop in home builds and a 20% rise in house prices. Does the minister not see that his plan is not working?
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Hon. Jean-Yves Duclos
  • Dec/8/21 8:51:59 p.m.
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Madam Chair, another number to add to all of the other numbers I mentioned earlier is 530,000 Canadians being lifted out of housing needs because of investments in the national housing strategy.
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Mr. Matt Jeneroux
  • Dec/8/21 8:52:14 p.m.
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Madam Chair, does the minister know the average home price in Canada today?
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Hon. Jean-Yves Duclos
  • Dec/8/21 8:52:23 p.m.
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Madam Chair, another number to add to all the numbers I mentioned is 300,000. This is the number of homes being renovated—
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The Deputy Chair
  • Dec/8/21 8:52:30 p.m.
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The hon. member.
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Mr. Matt Jeneroux
  • Dec/8/21 8:52:32 p.m.
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Madam Chair, that one I feel was a puffball. The average home price in Canada is $717,000. The average home price last year was $606,000. Does the minister not see there is a problem with getting more homes on the market for Canadian families?
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Hon. Jean-Yves Duclos
  • Dec/8/21 8:52:52 p.m.
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Madam Chair, one program I have not mentioned yet is the one dealing with innovative systems and programs in building housing. There are 125,000 homes being constructed because of this particular program.
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Mr. Matt Jeneroux
  • Dec/8/21 8:53:05 p.m.
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Madam Chair, let us go back to where we started. We need 1.8 million more homes built. That is what the experts are saying. The Liberals' plan is committing to 100,000 more homes in four years, so 1.7 million more homes need to be created in the next 12 months. How does the minister plan to do that?
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Hon. Jean-Yves Duclos
  • Dec/8/21 8:53:26 p.m.
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Madam Chair, one more initiative we have announced recently is the rapid housing construction initiative, which is going to lead to the construction of tens of thousands of new homes in just a year.
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Mr. Matt Jeneroux
  • Dec/8/21 8:53:39 p.m.
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Madam Chair, this is tens of thousands of new homes. We are talking about needing 1.8 million to be created. I will give the minister credit for the 100,000 homes he has brought up, but after that we need 1.7 million more, so tens of thousands more homes does nothing. How is the minister going to generate more housing supply in Canada?
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Hon. Jean-Yves Duclos
  • Dec/8/21 8:53:58 p.m.
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Madam Chair, time is short, so let me repeat the numbers. They are 1,000,000, 300,000, 125,000, 71,000, 530,000, 9,200, plus a $4 billion acceleration fund to work with the provinces, territories and municipalities.
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Mr. Matt Jeneroux
  • Dec/8/21 8:54:17 p.m.
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Madam Chair, I would ask the minister this: What is the average house price in Canada?
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Hon. Jean-Yves Duclos
  • Dec/8/21 8:54:25 p.m.
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Madam Chair, that is interesting. We had those questions from the member for Carleton. My colleague said—
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