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House Hansard - 57

44th Parl. 1st Sess.
April 25, 2022 11:00AM
Context: House Hansard - 57 - Apr/25/22
Mr. Dan Albas
  • Apr/25/22 5:56:58 p.m.
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Mr. Speaker, I certainly appreciate the member's intervention. He is very thoughtful and I do appreciate his work at the finance committee. Let us start with supply. Supply needs to happen, rather than giving CMHC $4 billion over the next five years for a program that says it is going to be flexible with municipalities but does not actually say what the money is supposed to do. One of the key aspects we need to do is to have that ready supply. I read in a book recently about the issue that if we do not have housing, then, with the constraints around that, the wealthiest take the best spots and then all the way down it is cruel musical chairs, except with housing. We need to focus on the supply issue, and I believe that the Government of Canada and the provinces need to start pounding the table with municipalities and saying we have a societal goal here, and that is to get young people where they have that first chance. We need to deal with this. We already have rents that are going out of control. If there were no government controls at the provincial level, we would be having people who would not be able to afford where they are. That is a terrible state for a modern economy. We need to fix this. We are the second-largest land mass in the world. We have always been open to immigration, and yet we have allowed ourselves to be stuck into this problem.
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