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Decentralized Democracy

House Hansard - 64

44th Parl. 1st Sess.
May 4, 2022 02:00PM
Context: House Hansard - 64 - May/4/22
Mr. Daniel Blaikie
  • May/4/22 6:10:12 p.m.
  • Watch
  • Re: Bill C-19 
Madam Speaker, I think the member must have had to go to the washroom during the section of my speech when I said the measures I was talking about today specifically would not be adequate without having a way to address the supply issue. I do not believe that simply making it easier for developers to create more expensive homes is going to get us out of this problem. I think we need targeted investments because we need suites that people can afford to live in. That is why we need co-operative housing. That is why part of the deal that the NDP cut with the government included investments in co-op housing, and we can see that in the budget. That is why we believe we need to be building social housing units where the rent is geared to income. Those are also ways of relieving some of the strain on the housing market. I would be very happy to have a debate on what we can do on the supply side as well; I just could not fit it into the 20 minutes. Incidentally, the member will note that I did not say no to his request; rather, it was another member who said no to his request. I would have been glad to take him up on it.
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Context: House Hansard - 64 - May/4/22
Mr. Daniel Blaikie
  • May/4/22 6:13:10 p.m.
  • Watch
  • Re: Bill C-19 
Madam Speaker, I will start with one specific example. A lot of co-op housing and other non-market housing was supported by the federal government under operating agreements for decades, but those operating agreements were tied to mortgages. When those agreements started to expire under the Harper government, they were not renewed. There was a promise by the Liberals to renew those agreements, but they were never renewed under the same terms and conditions. I do not think it was a success. Part of the problem is that investors, in some cases, are moving in on those very properties. When a board comes to the conclusion that it cannot manage that non-market housing with lower rents in the absence of federal operating funding, it makes the housing a ripe target for something like a real estate investment trust to get a bunch of units on the cheap. It throws a bit of money into them to fix them up and then rents them out at much higher prices that displace all the residents who were there. That is just one example of where poor federal policy, under both Liberals and Conservatives, has contributed to the depletion of affordable non-market housing units. Keeping those units is part of addressing the supply problem. If we are losing more units than we are building, we cannot get ahead.
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