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Decentralized Democracy

House Hansard - 189

44th Parl. 1st Sess.
May 2, 2023 10:00AM
Context: House Hansard - 189 - May/2/23
Mr. Taylor Bachrach (Skeena—Bulkley Valley, NDP)
  • May/2/23 4:21:15 p.m.
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Madam Speaker, one of the things undermining the provision of affordable housing is that when privately owned affordable housing buildings come on the market and are flipped, they often become less affordable for tenants. This is causing us to move in the opposite direction than we need to be moving in. One of the things the government in British Columbia did was create an acquisition fund so that non-profit housing providers could buy housing projects and keep them affordable. It is something we have advocated for on a national level. I am wondering why the member's government has not proposed something similar. If not that approach, what approach does her government see for ensuring that we do not lose existing affordable housing to private developers?
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