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Decentralized Democracy

House Hansard - 218

44th Parl. 1st Sess.
June 21, 2023 02:00PM
  • Jun/21/23 2:25:39 p.m.
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Mr. Speaker, after eight years under this Prime Minister and his anti-construction inflationary policies, the cost of housing has doubled. In fact, we learned today that, in Quebec, the average rent increased by 19% in the past year. In some areas of the province, it went up by 44%. In British Columbia, nearly 100,000 people could be out on the streets because of rent hikes. Will the Prime Minister finally reverse his anti-construction inflationary policies that caused this housing crisis?
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  • Jun/21/23 2:27:01 p.m.
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Mr. Speaker, it now takes 25 years for the average Torontonian to save up for the average down payment on a house. It used to be that one could pay off a mortgage in 25 years; now, that is what it takes just to get a down payment, after the Prime Minister's anti-construction inflationary policies have doubled the cost of housing. He has done this with deficits that drive up interest rates and drive down salaries, and by funding bureaucracies that block home construction. Will the Prime Minister reverse the policies that caused the housing crisis, so Canadians can put a roof overhead?
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  • Jun/21/23 2:28:22 p.m.
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Mr. Speaker, the Prime Minister tells Canadians they have never had it so good, but in reality, housing costs have actually doubled under his leadership. In fact, they are among the worst in the world. Vancouver is now the third most overpriced market, and Toronto is the 10th. Both are worse than New York City; London, England; and even Singapore, a tiny island. In fact, the average house cost is almost double in Canada what it is in the United States, which has 10 times the people to house on a smaller land mass. The Prime Minister's anti-construction inflationary policies are not working. Will he reverse them so that Canadians can get a roof overhead?
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  • Jun/21/23 2:30:15 p.m.
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Mr. Speaker, the Prime Minister's $80-billion worth of programs are not working. They have led to a doubling in the cost of an average down payment, double the necessary monthly mortgage payment, and a 120% increase in the average rent. This is way out of line with what is happening in other countries. Meanwhile, he continues to drive up interest rates on mortgages with his deficits, and to give money to local bureaucracies to block home building. Will the Prime Minister get off the backs and out of the way of Canadians so they can finally afford a home?
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  • Jun/21/23 2:30:59 p.m.
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Mr. Speaker, the Prime Minister can say all the right things, but he does not get anything done. I will give a perfect example. I know that the Prime Minister is trying to plagiarize my message on housing, but he cannot actually deliver on it. The reality is he brought in a $4-billion housing accelerator fund that has decelerated home building. Home building is actually down 19% versus what it was before he brought in this acceleration program. Instead of just spending money irresponsibly, why will the Prime Minister not tie dollars to houses that are actually complete?
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  • Jun/21/23 2:37:24 p.m.
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Mr. Speaker, the Prime Minister expects to be judged on his promises rather than his results. The results are these. Eight years ago, housing was affordable, taking a modest 40% of average income to pay mortgages on an average house, which is something that is now up to 60%. The average cost of a house has nearly doubled. The cost of a mortgage payment has doubled. The cost of monthly rent has doubled. It is double trouble after eight years of this Prime Minister. Unfortunately, the Prime Minister wants to keep doing what caused the problem in the first place. Will he instead stop funding gatekeeping that blocks construction and bring down the deficits that are driving up mortgage rates?
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  • Jun/21/23 2:38:49 p.m.
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Mr. Speaker, the Prime Minister's main criticism seems to be that the previous Conservative government did not hold enough meetings or spend enough money. What we actually delivered was affordable housing. The average house cost was $450,000 at the time. The average rent back then was about 50% of what it is today. Now, Canada has the fewest houses per capita in the G7. We have fewer houses per capita than when the Prime Minister took office eight years ago at a time when house construction actually dropped off. Therefore, will he get out of the way, let Canadians build and let them put a roof overhead?
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  • Jun/21/23 2:40:14 p.m.
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Mr. Speaker, the Prime Minister says that his real criticism is that our programs were not expensive enough for the taxpayers. The fact is, it is bad enough for him to fail; it is even worse for him to fail expensively and that is what he has done. He does have an $80-billion housing program that has left us with the fewest houses per capita in the G7, even though we have the most land to build on, which is fewer houses per capita than when he took office. We now have almost double the house price in Canada versus the U.S., where they have 10 times the people to house on a smaller land mass. Why does the Prime Minister not stop judging himself by how much he can spend instead of judging by how much he can get done?
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  • Jun/21/23 2:41:38 p.m.
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Mr. Speaker, just because the Prime Minister makes housing more expensive to taxpayers does not excuse the fact that he has made it more expensive for homebuyers. I will give an example: He has tried to plagiarise my message on the need to get housing built by inventing a $4-billion accelerator program. Since that time, housing construction has decelerated. This year, according to the Prime Minister's own housing agency, there will be fewer houses built than last year: 19% fewer. Why will he not actually take my policy, which is to link the number of dollars cities get to the number of houses that get completed?
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  • Jun/21/23 2:43:18 p.m.
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Mr. Speaker, the Prime Minister says there is no room for savings in his sumptuous government spending, but I found some. For example, he gave CMHC $26 million in bonuses for making housing less affordable; he gave $181,000 for the Governor General's travel; $116 million to McKinsey, a company that supports him but actually helped cause the opioid crisis; $54 million for the ArriveCAN app; and $6,000 for one night in a hotel for the Prime Minister. Does he not think we can pass on that spending and put the money back in Canadians' pockets?
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  • Jun/21/23 2:44:42 p.m.
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Mr. Speaker, here is a real plan to make housing affordable: Balance the budget to bring down inflation and interest rates on Canadians' mortgages; require that cities increase the number of permitted homes by 15% in order to get more infrastructure money and pay the money out once the houses are completed and the keys are in doors; require every federally funded transit station to have high-density housing all around it; and sell off 6,000 underutilized federal buildings to convert them into affordable housing and use the proceeds to reduce the deficit. How is that for a plan?
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  • Jun/21/23 2:48:45 p.m.
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Mr. Speaker, instead of cutting red tape so that Quebec can generate more green hydroelectricity, the Prime Minister, with the support of the Bloc, wants to impose a second carbon tax on Quebeckers, which will jack up the price of gas by 20¢ a litre. It will also make food more expensive, because farmers will have to pay more for the energy they need to produce it. Instead of going after consumers in Quebec and across Canada, why not eliminate barriers so that Quebec can provide more green electricity?
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  • Jun/21/23 2:50:07 p.m.
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Mr. Speaker, it is not only Quebeckers who will have to pay more. On July 1, the Prime Minister plans to hit Atlantic Canadians with a massive new tax hike at the pump. Happy Canada Day, everyone. The Prime Minister wants us to pay more. Now, the Newfoundland Liberal premier has said that this will do nothing for the environment, but it will make his people go cold in the winter and hungry all year long. Why will the Prime Minister not axe the carbon tax and finally come up with a real environmental plan?
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  • Jun/21/23 2:51:19 p.m.
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Mr. Speaker, the Prime Minister has not hit a single environmental target with his tax, and Canada ranks 58th out of 64 countries in the Climate Change Performance Index. His plan is not working; it is just costing more. In fact, the premier of Newfoundland said that the Prime Minister's claim that we need to tax to save the environment is “completely illogical, it's a false dichotomy, it's a false dilemma, and it's as insulting to us as it is simplistic.” The unanimous opinion of Atlantic premiers is that this tax will hurt their people without helping the environment. Why will the Prime Minister not axe his plan to raise gas prices by 61¢ a litre?
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  • Jun/21/23 2:52:37 p.m.
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Mr. Speaker, he has not hit a single climate target since he brought this tax in. According to the Parliamentary Budget Officer, whom he appointed, in every province in Canada this tax will cost families more than they get back in these phony rebates. In fact, it will be over $2,000 for the average family per year. The plan is to raise the tax to 61¢ a litre. Canadians cannot afford to eat, heat and house themselves. Why does he not axe the tax so we can bring home lower prices?
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  • Jun/21/23 2:59:34 p.m.
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Mr. Speaker, last year's exorbitant increases in interest rates were incredible and unprecedented. They were caused by this government's inflationary deficit. Canadians are worried about losing their homes. According to the Bank of Canada, the average Canadian could see a 40% increase in their mortgage payments. The International Monetary Fund says that Canada is the country most at risk of experiencing a default crisis. Will the Prime Minister finally eliminate his inflationary deficits to lower interest rates on mortgages and ensure that Canadians can keep their homes?
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  • Jun/21/23 3:01:00 p.m.
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Mr. Speaker, after eight years of the Prime Minister, it now takes well over 60% of a family's pre-tax income to make monthly payments on an average house. That is mathematically impossible, but it is possibly about to get worse. The Prime Minister's inflationary deficits are driving up interest rates faster than at any time since any of us have been alive. This means that Canadians could face 40% increases in their monthly payments. There may be another bank rate increase this summer that could push Canadians to bankruptcy. Before Canadians lose their homes, will he get rid of his inflationary deficits to bring down those terrible mortgage rates?
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  • Jun/21/23 3:02:20 p.m.
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Mr. Speaker, Canada has the worst household debt in the G7, by far the worst, and that debt risks blowing up when rates rise. One of the ways the Prime Minister has been wasting money is that he gave $210 million to the Asian infrastructure bank, which is controlled by Beijing and designed to build the infrastructure of Beijing's Communist empire throughout Asia. We warned him five years ago and now some of that bank's own executives are speaking out against it. He claims he is stalling his involvement in the bank, but the real question is this: When will we get our $200 million back?
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  • Jun/21/23 3:03:30 p.m.
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Mr. Speaker, he is defending the $200 million he gave to a bank, one of whose executives said, “I didn't find a single, tangible benefit to communicate back home here to Canada of what this bank does that is consistent with our values in a way that would benefit Canadians.” While Canadians are starving and cannot heat their homes, he is forcing them to give $200 million to this bank controlled by Beijing to expand a Communist empire in Asia. When will Canadians get their $200 million back from this Liberal-friendly bank?
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  • Jun/21/23 3:06:54 p.m.
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Mr. Speaker, the Prime Minister just admitted that the Asian infrastructure bank is “controlled by Beijing”. He says he is not going to get our money back. He is just going to review our participation. While Canadians cannot afford to eat, heat or house themselves, he is forcing them to give almost a quarter-billion dollars to this Beijing-backed bank. I am asking the question: Will the Prime Minister take back our $200 million from this bank, which he admits is controlled by Beijing?
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