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House Hansard - 182

44th Parl. 1st Sess.
April 21, 2023 10:00AM
Context: House Hansard - 182 - Apr/21/23
Mr. Scott Aitchison (Parry Sound—Muskoka, CPC)
  • Apr/21/23 11:54:37 a.m.
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Mr. Speaker, well, it is pretty clear it is not working. The average rent in Toronto for a one-bedroom apartment is now over $2,500 per month. Canadians who are going to renew their mortgages this year are faced with record increases in interest costs, and now the CMHC has increased fees by up to 200% on the programs builders use to finance multi-unit residential construction. If the government really wants to build more homes, why does it continually make it so much more expensive?
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