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Decentralized Democracy

House Hansard - 59

44th Parl. 1st Sess.
April 27, 2022 02:00PM
Context: House Hansard - 59 - Apr/27/22
Ms. Jenny Kwan (Vancouver East, NDP)
  • Apr/27/22 5:06:21 p.m.
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Mr. Speaker, in his speech, the member actually raised the issue of housing. As we know, Canada is faced with a housing crisis from coast to coast to coast. In the budget, there are some measures related to it. One of the pieces that I am happy to see is the change with the RCFI initiative: Instead of ensuring that the rent is going to be above-market, which is what it was with the Liberal government's approach, in our agreement we were able to negotiate to get the government to ensure that the rent is below-market. With that being said, one key issue to address the housing crisis is the financialization of housing. Would the member support the NDP's call for the government to put a moratorium on REITs? That would make a difference in the cost of housing.
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