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House Hansard - 200

44th Parl. 1st Sess.
May 18, 2023 10:00AM
  • May/18/23 2:31:06 p.m.
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Mr. Speaker, the hon. member is denying the fact that we are the party in office that brought in the Canada housing benefit, a plan to support renters across the country that is currently helping tens of thousands of vulnerable renters. In addition to that, we have legislated an annual 1% tax on vacant non-Canadian residential real estate as well as a two-year ban on foreign investments in Canadian residential real estate. We are also reviewing the tax treatment of real estate investment trusts.
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  • May/18/23 2:47:01 p.m.
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Mr. Speaker, the hon. members knows, or should know, that rent control is under provincial jurisdiction. However, we on this side of the House believe that the federal government has a role and should play a role in helping renters. That is why we introduced the Canada housing benefit. That is why we partnered with political parties on this side of the House to make sure that we top up the Canada housing benefit, which is going to every vulnerable renter across Canada who needs it. It is a cost-share program, and we are proud of that record.
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  • May/18/23 2:48:14 p.m.
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Mr. Speaker, I know that the NDP loves to bring up provincial jurisdiction issues. However, we do believe that the Government of Canada has a role to support renters. That is why we introduced the Canada housing benefit. As far as building more rentals is concerned, we are the government that introduced the rental construction financing initiative, which is about building more rental supply in Canada, including affordable rentals. We are now moving forward with the housing accelerator fund, which is about building more supply, including more affordable housing and also more affordable rentals.
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