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House Hansard - 65

44th Parl. 1st Sess.
May 5, 2022 10:00AM
Context: House Hansard - 65 - May/5/22
Mr. Francesco Sorbara
  • May/5/22 12:42:58 p.m.
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  • Re: Bill C-19 
Mr. Speaker, I thank my hon. colleague and friend from the riding of Central Okanagan—Similkameen—Nicola, where they produce a lot of beautiful wine. I will say this: We need to provide incentives to build and increase the supply of housing in Canada. We are going to be doing that, but we also need to restrain and lower the number of purchases being undertaken by foreigners. We need to have a plan for Canada's housing market to put Canadians first. That is what we are doing. We need to ensure middle-class Canadians and first-time homebuyers have the first opportunity to purchase homes here in the country where they live, work and pay taxes.
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Context: House Hansard - 65 - May/5/22
Hon. Ahmed Hussen (Minister of Housing and Diversity and Inclusion, Lib.)
  • May/5/22 2:36:05 p.m.
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Mr. Speaker, our plan will double the housing supply in 10 years, making sure we support first-time homebuyers with a tax-free savings account, doubling the first-time homebuyers' tax credit to $10,000, making sure we extend the first-time homebuyer incentive to 2025 and, in addition to that, cracking down on speculation and unfair business practices while increasing the money for investments in affordable housing. Our plan to ban foreign buyers for two years is a credible plan; the Conservatives' was full of misinformation.
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