44th Parl. 1st Sess.
October 23, 2023 11:00AM
- Oct/23/23 2:31:50 p.m.
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Mr. Speaker, after eight years of the Liberal-NDP government, nearly half of all Canadians with a mortgage say that they are having a tough time paying it. The Prime Minister told us that interest rates would stay low forever, but his reckless spending and higher taxes have caused rates to skyrocket faster than ever.
Now struggling families are paying the price. Young people cannot even imagine getting in. There is a mortgage crisis on the horizon until the Prime Minister reins it in.
When will he stop the inflationary deficits and balance the budget so Canadians can keep their homes?
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- Oct/23/23 2:32:30 p.m.
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Mr. Speaker, when I hear the Conservatives make arguments that we should be spending less in the context of housing, I would point out to them that it takes investments to build the housing necessary to put a roof over the heads of the same Canadians whom she seems concerned about.
In this regard, we are cutting the tax on new apartment construction in the country. The Conservatives want to put it back on. We are moving forward with a plan to fund cities so they build more homes. They plan to cut it.
When we put measures on the floor of the House of Commons to support some of society's most vulnerable, they vote against them. Every step of the way, the Conservatives try to block progress for people. We are going to advance at all costs.
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- Oct/23/23 2:33:12 p.m.
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Mr. Speaker, that is false. The Liberals act like everything is okay. They have not built a single home with their accelerator fund. The number of people who say that paying their mortgage is very difficult has doubled in six months. As mortgage payments and anxiety go up, Canadians cut back on essentials like food and home heating. One should not have to choose between heating one's home and putting food on the table, but that is the reality after eight years of the Prime Minister. Canadians are realizing that he is not worth the cost.
Will the minister finally realize that too?
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- Oct/23/23 2:33:53 p.m.
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Mr. Speaker, part of the reason it is difficult to find affordable housing in the country is because, for 30 years, federal governments failed to make the investments necessary, including the previous Conservative government. When the Conservatives were last in power, the country lost 800,000 homes that were on the market at affordable prices.
We are going to continue to make the investments necessary to get more homes built. I would ask the hon. member, in response to her question, why she wants to raise taxes on home building and cut funding for home builders.
We need to make the investments necessary to build homes, and that is exactly what we are going to do.
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- Oct/23/23 2:34:28 p.m.
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I will ask all members, even those who are not sitting in their normal seats, to please listen to the response. When they have the floor, they will be able to ask their questions.
The hon. member for Simcoe North.
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- Oct/23/23 2:34:44 p.m.
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Mr. Speaker, after eight years of the Liberal-NDP government, spending is out of control and inflationary deficits are pushing up mortgage costs. The Parliamentary Budget Officer says that the deficit this year will increase to over $46 billion. Everyone now agrees that spending is driving interest rates.
Every month, 70,000 households are renewing their mortgage and they are realizing that the Prime Minister is not worth the cost.
Will the government rein in inflationary deficits and put forth a plan to balance the budget so Canadians can keep their homes?
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- Oct/23/23 2:35:22 p.m.
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Mr. Speaker, I can speak to the fact that Canada has created over one million more jobs compared to pre-pandemic levels, has the lowest debt-to-GDP ratio, the lowest deficit in the G7 and lower inflation than our comparative partners around the world. The IMF and OECD project the strongest growth in 2024.
We know that Canadians are struggling right now, but the real difference between us and the Conservatives is that our government will not abandon people in need like the Conservative leader has made abundantly clear time and time again.
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- Oct/23/23 2:36:02 p.m.
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Mr. Speaker, maybe the government has not received the memo. Nobody cares about meaningless G7 comparative statistics. After eight years of prolific spending, the bills are finally coming due.
The government borrowing is driving interest rates. This year, the government has to borrow $421 billion. Next year, the government has to borrow over $350 billion. That pushes up mortgage costs for everybody.
Once again, will Liberals acknowledge that they need to rein in their spending and produce a plan to balance the budget so Canadians can keep their homes?
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- Oct/23/23 2:36:50 p.m.
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Mr. Speaker, I will share what Canadians and Albertans care about, and that is the Canada pension plan.
After three weeks of silence on behalf of the Conservative leader, finally a comment on Danielle Smith's idea to take Albertans out of the CPP, a weak, timid response at that. Guess what. Thirty MPs from Alberta, Conservatives every one of them, are silent on the issue. Why? Because they talk a big game in the House, but when it comes to defending Albertans and Canadians, they are silent. We are on the task. We are going to defend Albertans on the CPP.
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- Oct/23/23 2:37:47 p.m.
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Mr. Speaker, after eight years of this Liberal government, unfortunately, we no longer recognize the Canada we loved so much. Rents are much more expensive, actually twice as expensive. More and more people are being forced to live in their cars. In Canada, a G7 country, it is outrageous that men and women are having to live in their cars.
Meanwhile, those folks over there have come up with the brilliant idea of inventing and implementing a new carbon tax, with the radical support of the Bloc Québécois.
Seriously, can anyone in this government stand up and say that introducing a new tax is a good idea?
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- Oct/23/23 2:38:31 p.m.
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Mr. Speaker, I want to thank my colleague for his question. There is a lot to unpack there.
I would start by saying that tackling climate change is about more than just taking care of the environment, which the Conservative Party does not want to do. It is also about building a transition economy. Fighting climate change means creating jobs. That is exactly what we are doing on this side of the House.
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- Oct/23/23 2:38:56 p.m.
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Mr. Speaker, how could anyone think that saying that would change for the better the lives of people living in their cars? That is completely disconnected from the actual experience of those struggling with this government's inflationary reality. For eight years, the Liberals have never controlled their spending. They created the inflationary measures that are making everything so expensive today. If that were not enough, now they want to radically increase the carbon tax with the complicit support of the Bloc Québécois.
Again, is there anyone in this government who can stand up and tell me with a straight face that it is a good idea to invent and implement a new tax when everyone is struggling?
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Mr. Speaker, what I can say with a straight face is that the Conservative Party has voted against every measure proposed by this side of the House to provide support to families. The Canada child benefit and every investment we have made in housing come to mind. We still expect the Conservatives to vote in favour of Bill C‑56, which will stabilize grocery prices and get rid of the GST on new housing construction.
On this side of the House, we are taking care of people every day.
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- Oct/23/23 2:40:23 p.m.
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Mr. Speaker, Israel has the right to defend itself. Let us be realistic: The conflict in Gaza will not end any time soon. We also have to be realistic about the inadequacy of humanitarian aid that is trickling in. Canada must ask Israel for a humanitarian truce to allow for aid to reach civilians in need. The UN made a similar request last week. The European Union is considering it at this very moment.
Will Canada support the idea of a humanitarian truce?
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- Oct/23/23 2:40:57 p.m.
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Mr. Speaker, it is our collective duty to defend human decency and ensure everyone's safety. We remain firm in our position in the face of such a humanitarian crisis: Innocent civilians need more aid, not less. That is why we have announced a total of $60 million in aid to address the needs of Palestinians of Gaza and the surrounding regions.
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- Oct/23/23 2:41:31 p.m.
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Mr. Speaker, the humanitarian aid needs to get through.
Everyone would prefer peace to war, but it is unrealistic to ask Israel to observe a full ceasefire when its people are not safe. It is, however, realistic for Canada to support the United Nations' more nuanced request of establishing a temporary, multilateral humanitarian truce to bring food in, keep humanitarian corridors open and protect aid distribution centres so that NGOs are safe. That is a reasonable proposal.
Will Canada support a humanitarian truce?
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- Oct/23/23 2:42:12 p.m.
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Mr. Speaker, we would like to reiterate the need to keep humanitarian corridors open and unfettered so that critical humanitarian aid can quickly reach those who urgently need it.
We are encouraged by the fact that a second humanitarian aid convoy has crossed the Rafah border crossing. We are calling for the ongoing, unfettered passage of essential aid to those who need it.
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- Oct/23/23 2:42:52 p.m.
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Mr. Speaker, that was not clear. Was it a yes or a no? It will come up again after question period.
Since the horrific and tragic events of October 7, Canada and Quebec have seen a rising trend in hate between pro-Israel and pro-Palestine factions. We have seen graffiti, swastikas and endless intimidation of people who follow the Jewish or Muslim faith. It is as though they want to transport the war, hatred and division experienced in the Middle East to Quebec and Canada, as if we needed more division on this issue.
Could the Prime Minister ask for calm before a tragedy erupts, as it happened in the United States or France?
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- Oct/23/23 2:43:35 p.m.
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Mr. Speaker, I would like to thank my hon. colleague for this very important question.
I think everyone in the House is truly concerned about this right now. There is no place for hatred or violence here in Canada. We know that both the Jewish and Muslim communities, both the Israeli and Palestinian communities, are really hurting right now. They are scared.
We all need to come together because, first and foremost, we are Canadians. We should be there for each other.
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- Oct/23/23 2:44:10 p.m.
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Mr. Speaker, after eight years of the Prime Minister's high inflationary deficit and punishing tax hikes, seniors are being forced out of their homes and onto the streets. John, a senior, had a monthly mortgage payment of $1,000, but today it ballooned to $2,600. He was forced to sell his home, but with rent increases, he cannot find an affordable apartment. He will soon find himself homeless.
The Prime Minister is just not worth the cost. Has he finally learned that the budget does not balance itself?
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