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House Hansard - 65

44th Parl. 1st Sess.
May 5, 2022 10:00AM
  • May/5/22 12:42:00 p.m.
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  • Re: Bill C-19 
Mr. Speaker, I appreciate the hon. member's intervention today and his attendance at the occasional finance meeting, where we can discuss housing inflation, among other things. He mentions, specifically, the so-called foreign buyers ban in Bill C-19. The minister has to, first of all, identify a particular property that falls outside the many loopholes and exemptions the government has given for all sorts of people, but if they legitimately find it, the minister has to go through a provincial court process, which can take years, and the ultimate slap on the wrist is $10,000. Does the hon. member think that taking up court time and years of process to have someone who has violated the law of this country be fined $10,000 is sufficient? Does he think it should be much higher than that?
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