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Decentralized Democracy

House Hansard - 144

44th Parl. 1st Sess.
December 8, 2022 10:00AM
Context: House Hansard - 144 - Dec/8/22
Ms. Jenny Kwan (Vancouver East, NDP)
  • Dec/8/22 3:12:12 p.m.
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Mr. Speaker, yesterday, the Bank of Canada's interest rate was hiked yet again. Interest rates have already fuelled the high cost of rent, and this will just make it worse. Canadians are now facing a nearly 12% rent hike. In Vancouver, a one-bedroom apartment costs over $2,576, more than a 17% increase from last year. The NDP has always said that the $500 housing benefit is not enough. Will the government help renters by expanding and extending the housing benefit?
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