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Decentralized Democracy

House Hansard - 233

44th Parl. 1st Sess.
October 17, 2023 10:00AM
  • Oct/17/23 12:52:02 p.m.
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Madam Speaker, I happen to represent some of the same parts, from Elgin—Middlesex—London. We are talking about new homes being built, which absolutely needs to be done. We recognize that all the policies that were put forward by the government really did not have housing, immigration, health care and all those things working in parallel, so there is a lot of desperation right now. One of the biggest concerns right now is for people who are renewing their mortgages, who were told by the government not to worry and that it was okay to invest. People were getting up to their eyeballs in debt, and we now have interest rate increases that are causing them to face more difficult times. What are the member's thoughts about individuals who have to renew their mortgages and who need help right now?
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  • Oct/17/23 12:52:54 p.m.
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Madam Speaker, the member is a neighbour in London, so I assume she would also know that an investment has been made in the city of London of $74 million to add 2,000 extra homes. We are talking about the things that we have done to make sure that Canadians and Londoners are able to afford their lives, to send their kids to day care and to afford dental care. These are all things that work together to make sure we are responding to this global challenge of inflation. We are responding to housing affordability to make sure that Canadians have everything they need and that, when this crisis is over, they can continue to live their lives.
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  • Oct/17/23 1:16:09 p.m.
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Madam Speaker, now Canadians are on the brink of losing their homes and their livelihoods. Just last week, I met with a home inspector who has done seven home inspections of homes in Oxford County that are going up for bank foreclosure. That is just in one week. Normally that would be in one year. That is the true impact of rising interest rates. The Liberal government encouraged Canadians to borrow when interest rates were at an all-time low, but now Canadians have one of the highest household debts of any other G7 country. This is more than just numbers and dollars. It is about real people and the impact this has on their lives. I recently told this House of the single mother in Woodstock who cried at the door because she was struggling to put food on the table for her kids. There is the young couple in Tillsonburg who went to school and got a job but now cannot access the housing market because of the rising cost of housing. There is the senior who lives in Tavistock who now relies on handouts from his family because he cannot survive on his own. He has even looked at MAID as an option. These are real people with real, devastating human consequences. The government needs a common-sense plan. If it stops the deficits, it will stop inflation from continuing to rise, it will stop the increasing interest rats and it will stop the defaults from happening. That is why we are calling on the government to bring its financial affairs in order. We are calling on the government to introduce a fiscal plan that includes a pathway back to balanced budgets so we can decrease inflation and interest rates. We need a plan because we know that budgets do not balance themselves. I hope all my colleagues will use common sense, cap spending, cut wasteful spending, balance the budget and bring home economic stability for all Canadians.
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  • Oct/17/23 2:54:56 p.m.
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Mr. Speaker, my region has seen the largest increase of unhoused people on record, with a 106% jump in the Comox Valley and almost 70% in Campbell River. This is a catastrophe. The Prime Minister says housing is not a federal responsibility, while people and communities move beyond a crisis point. This is while Conservative council members at Campbell River have begun targeting non-profits that provide essential services to the unhoused. When are the Liberals going to be an actual federal partner and build people homes?
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