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Decentralized Democracy

House Hansard - 114

44th Parl. 1st Sess.
October 20, 2022 10:00AM
Context: House Hansard - 114 - Oct/20/22
Mrs. Anna Roberts (King—Vaughan, CPC)
  • Oct/20/22 2:12:04 p.m.
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Mr. Speaker, first-time homebuyers in Canada are giving up on the idea of ever owning a home due to the housing crisis. The average cost of a detached home in my riding of King—Vaughan is $1.8 million. Canadians are already struggling with their budgets. Buyers are not able to qualify for a mortgage. This is due in part to the high interest costs by the Bank of Canada. The qualification process used by financial institutions include principle and interest, property tax and, of course, heating costs. The tripling of the carbon tax will further reduce the purchasing power. The Liberal government has created more problems than it is solving in our housing market. The government needs to commit to stopping the tax increase. The dream of home ownership under the government has become a nightmare. The government must demonstrate compassion and understanding toward the desire of Canadians to own a home. The Conservatives will work to make this a reality.
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