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Decentralized Democracy

House Hansard - 63

44th Parl. 1st Sess.
May 3, 2022 10:00AM
Context: House Hansard - 63 - May/3/22
Hon. Ahmed Hussen (Minister of Housing and Diversity and Inclusion, Lib.)
  • May/3/22 2:54:24 p.m.
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Mr. Speaker, in budget 2022 we are investing more than ever before in the building of more affordable housing. We are doubling the number of new homes built in Canada in the next 10 years. We are introducing the tax-free first home savings account and making sure that we double the first-time homebuyers' tax credit and extend the first-time homebuyer incentive. In addition to that, we are cracking down on speculation and unfair business practices in the real estate sector while also helping first-time homebuyers.
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Context: House Hansard - 63 - May/3/22
Hon. Ahmed Hussen (Minister of Housing and Diversity and Inclusion, Lib.)
  • May/3/22 2:55:33 p.m.
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Mr. Speaker, François and Josée can be helped by the tax-free first home savings account, the first-time homebuyer incentive and the doubling of the first-time homebuyers' tax credit. They will also be helped by the ban on foreign ownership, something the party opposite has opposed. This will help free up more housing stock for first-time homebuyers like those the hon. member mentioned. In addition to that, we are building more housing supply, tackling speculation, ending blind bidding and introducing a new homebuyers' bill of rights. All of these things taken together will do a lot to help first-time homebuyers.
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Context: House Hansard - 63 - May/3/22
Mr. Dan Albas (Central Okanagan—Similkameen—Nicola, CPC)
  • May/3/22 4:57:25 p.m.
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  • Re: Bill C-19 
Madam Speaker, these Liberals continually promise the moon to millennials, especially when it comes to housing affordability, but their new savings account for first-time homebuyers is not in this bill. The things that are in it either make the problem worse, or they do not help at all. In Bill C-19 itself there is an assignment of sale that would only give more revenue to the government, which would be allowed to charge GST on a second unit, and that is simply going to raise the price of housing. There is also a ban on foreign ownership. I thought that the original policy was so full of holes that it was like Swiss cheese, but they left the biggest loophole to the government. What was that? It would essentially allow the government to choose if and when the actual ban ever comes into place. Can the member please comment on a few other things that are in the bill or the budget that the Liberals have promised but do not deliver on?
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