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House Hansard - 189

44th Parl. 1st Sess.
May 2, 2023 10:00AM
Context: House Hansard - 189 - May/2/23
Mr. Denis Trudel
  • May/2/23 11:36:53 a.m.
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Madam Speaker, I spoke earlier about the $500-million acquisition fund in British Columbia. We should have such a fund at the federal level, with no strings attached. All they need to do is agree with the idea, believe that it can happen, and just write a cheque. It is the cities' job and we have nothing to do with it, but they still need funding to make things happen. We need to find a way to support the cities. In Montreal, there is what is called the 20-20-20 bylaw, which requires that private real estate developers who build, for example, more than 60 or 80 units—I do not know the exact figure—build 20% social housing, 20% affordable housing and 20% family housing. It is not a perfect solution, because often developers choose to pay the penalty for non-compliance rather than build this kind of housing. Even still, it is not a bad solution. If we could, on a large scale, require private developers to build real affordable housing for the most disadvantaged, that would be a solution.
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