SoVote

Mr. Denis Trudel (Longueuil—Saint-Hubert, BQ)

May/3/22 11:53:25 a.m.
Watch
Re: Bill C-8

Madam Speaker, I thank my colleague for her excellent speech. I know that she is quite involved in the housing file, as am I. She mentioned this in her speech. Housing is a problem in her riding, much like it is in my riding of Longueuil. It is a problem all across Quebec. There are some good measures in the budget, especially when it comes to housing. I am talking about measures such as the tax-free first home savings account and the first-time home buyers' tax credit, which will help boost demand. The budget also allocates money to programs that support affordability, such as the rental construction financing initiative and the national housing co-investment fund. However, over the years we have seen that this does not always create affordable housing. Would it not be better to focus on the programs that work really well, such as the rapid housing initiative? Organizations really like this program, but the problem is that it is underfunded. Would it not have been better to focus on that program to help improve access to more affordable housing in Quebec and Canada?

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All Topics

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.
Watch

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.

89 words

Context: House Hansard - 63 - May/3/22

Mr. Pierre Paul-Hus (Charlesbourg—Haute-Saint-Charles, CPC)

May/3/22 2:54:58 p.m.
Watch

Mr. Speaker, my question today is on behalf of François et Josée, two young people from Charlesbourg. They hope to one day be able to buy a house, but mortgage rates continue to rise, which makes it more difficult to negotiate a first mortgage. The Prime Minister would have us believe that inflation is a global phenomenon and that no government can control it. That is completely untrue. François and Josée tell me that the growth of their savings for a down payment on a home cannot keep up with the ever-rising house prices. When will the Prime Minister take François and Josée's problem seriously?

119 words

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.
Watch

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.

108 words

Context: House Hansard - 63 - May/3/22

Mr. Dan Albas (Central Okanagan—Similkameen—Nicola, CPC)

May/3/22 4:57:25 p.m.
Watch
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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