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Decentralized Democracy

House Hansard - 185

44th Parl. 1st Sess.
April 26, 2023 02:00PM
  • Apr/26/23 3:00:59 p.m.
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Mr. Speaker, he has an accelerator. I have news for him: People cannot live in an accelerator; they have to live in a house or apartment. Under the Prime Minister's leadership, the cost of an average two-bedroom apartment has doubled from $1,172 to $2,205. The cost of an average mortgage payment has doubled to over $3,000 and now the share of their monthly income that people have to spend to own the average home is two-thirds, which is by far a record-smashing number. Again, how did the Prime Minister spend so much to achieve such horrible results for homebuyers?
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  • Apr/26/23 3:03:41 p.m.
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Mr. Speaker, let us look at the results. Under the previous Conservative government, the average mortgage payment on the average home, newly purchased, was $1,400. Now, eight years later, it is $3,200. The Prime Minister has delivered a 100% increase in mortgage costs, all while bringing in an $89-billion taxpayer-funded boondoggle in the housing program. Once again, why will he not end the government waste and get out of the way so we can build affordable housing in this country?
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