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Decentralized Democracy

House Hansard - 197

44th Parl. 1st Sess.
May 15, 2023 11:00AM
Context: House Hansard - 197 - May/15/23
Hon. Ahmed Hussen
  • May/15/23 7:27:44 p.m.
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Mr. Chair, the average price of a home in Canada in 2022 was $703,000.
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Context: House Hansard - 197 - May/15/23
Hon. Pierre Poilievre
  • May/15/23 7:27:52 p.m.
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Mr. Chair, that is close, but it is actually a lot higher than the $452,000 when the Prime Minister promised that he was going to bring housing prices down. Back when he made that promise, the minimum down payment on an average house was $22,000. How much is it today?
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Context: House Hansard - 197 - May/15/23
Hon. Ahmed Hussen
  • May/15/23 7:28:11 p.m.
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Mr. Chair, average down payments are also regional in nature. That is my answer.
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Context: House Hansard - 197 - May/15/23
Hon. Ahmed Hussen
  • May/15/23 7:28:25 p.m.
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Mr. Chair, the average down payment on a home, again, depends on the region. Those are the numbers I have. I am happy to provide them.
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Context: House Hansard - 197 - May/15/23
Hon. Pierre Poilievre
  • May/15/23 7:28:46 p.m.
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Mr. Chair, one can average the regions to get the number for the nation. That is what averages do. This is the housing minister. Surely he knows the average necessary minimum down payment on an average house. Could the housing minister please provide that basic housing information?
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Context: House Hansard - 197 - May/15/23
Hon. Ahmed Hussen
  • May/15/23 7:30:22 p.m.
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Mr. Chair, I can give him the numbers. In Halifax, in 2022, the average was $541,790.
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Context: House Hansard - 197 - May/15/23
Hon. Pierre Poilievre
  • May/15/23 7:30:52 p.m.
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Mr. Chair, he has not provided numbers. Let us give him another try. The Prime Minister said that housing would be more affordable under his leadership. When he took office, it was $1,400 for the average mortgage payment in Canada. What is the average mortgage payment in Canada today?
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