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Decentralized Democracy

House Hansard - 40

44th Parl. 1st Sess.
March 3, 2022 10:00AM
Context: House Hansard - 40 - Mar/3/22
Mrs. Anna Roberts
  • Mar/3/22 6:46:43 p.m.
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Mr. Speaker, here is the situation. Just today, we got notice in the city of Toronto that the average home just jumped to $2 million. It is not just a lack of inventory. It is also the fact that we are not building the properties fast enough or ensuring they are affordable for first-time homebuyers. There are programs, and I agree with my colleague. There is the RRSP program where people can use the first $35,000, and I believe that could be up this year. However, how many first-time homebuyers do we know who have that kind of money when they have just graduated from school? We need programs that will include first-time homebuyers and give them the hope of home ownership.
126 words
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