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House Hansard - 230

44th Parl. 1st Sess.
October 5, 2023 10:00AM
  • Oct/5/23 11:38:59 a.m.
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  • Re: Bill C-56 
Madam Speaker, a recent study by C.D. Howe Institute determined that in Vancouver, the gap between the construction costs and market price of a new home is almost $1.3 million. The hon. member is from the province and from the Vancouver area. Can she tell us why this is happening and what the solution is for such a thing?
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  • Oct/5/23 11:39:23 a.m.
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  • Re: Bill C-56 
Madam Speaker, as a resident of Vancouver Island who cannot afford a home here, we rent and our rent has gone up. I am not going to say for one minute that I am one of the Canadians having a hard time of it. We all know what we make as MPs. However, what happened to the Vancouver housing market started with converting homes into investment properties. I am not trying to blame everything on the previous Conservative government, so forgive me, but this did start under the Harper government with a $1-million investment fast track for getting residency in Canada. What we have is a lot of offshore money coming in to buy up million-dollar properties and leave them vacant. That began distorting our housing market in a big way, and we have seen rising home values, as we know. People will say that is all right, because if they own their own home, that is what they cash in for their savings and retirement. A lot of people in my community who own their own home want to downsize and move somewhere else, but if they sell their home, they cannot find a place to live that is affordable in their retirement once they have divested their property. It is a complicated mess that all started when we stopped treating homes as homes and started treating them as investment properties.
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  • Oct/5/23 1:41:44 p.m.
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I would ask the hon. member to not tell me how to do my job. Resuming debate, the hon. member for Vancouver East.
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  • Oct/5/23 2:09:01 p.m.
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Mr. Speaker, the unfortunate and deeply embarrassing events in this House a couple of weeks ago have provided us an important reminder of the need for Holocaust education. For those of us from metro Vancouver, the work of the Vancouver Holocaust Education Centre in my riding of Vancouver Granville seeks to do exactly this. Through education and remembrance it engages students, educators and the broader public with respect to the history of the Holocaust, the Shoah, and its ongoing relevance. As a teaching museum that stewards programs and collections initiated by Holocaust survivors, the VHEC honours and supports those who survived and remembers those who perished. Every year, the centre's Holocaust education programs reach British Columbia classrooms, teachers and more than 25,000 students. Its efforts will help build a world free of anti-Semitism, discrimination and genocide. I encourage everyone to visit the centre as we each embark on our own journeys of remembrance and education.
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