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House Hansard - 108

44th Parl. 1st Sess.
October 5, 2022 02:00PM
Context: House Hansard - 108 - Oct/5/22
Ms. Jenny Kwan (Vancouver East, NDP)
  • Oct/5/22 8:57:24 p.m.
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  • Re: Bill C-31 
Mr. Speaker, first, on the issue of helping municipalities move forward in getting zoning and rezoning dealt with, the NDP was able to force the government to bring forward the accelerator fund. Part of that funding is, in fact, going to be dedicated to municipalities and local governments to help with that. This work is actually going to be under way, although the program is not fully developed and more work will be done. That being said, the member talked a lot about housing and addressed the housing crisis. One of the issues impacting the housing affordability issue is the financialization of housing, yet real estate investment trusts are getting preferential tax treatment. In fact, they get government support by way of insurance coverage and mortgage coverage. Would the member agree that the government should stop preferential tax treatment for these corporate landlords?
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