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Decentralized Democracy

House Hansard - 218

44th Parl. 1st Sess.
June 21, 2023 02:00PM
Context: House Hansard - 218 - Jun/21/23
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • 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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Context: House Hansard - 218 - Jun/21/23
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • 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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Context: House Hansard - 218 - Jun/21/23
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • 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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Context: House Hansard - 218 - Jun/21/23
Hon. Pierre Poilievre (Leader of the Opposition, CPC)
  • 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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