SoVote

Decentralized Democracy

House Hansard - 243

44th Parl. 1st Sess.
October 31, 2023 10:00AM
Context: House Hansard - 243 - Oct/31/23
Mr. Chad Collins (Hamilton East—Stoney Creek, Lib.)
  • Oct/31/23 11:54:10 a.m.
  • Watch
Mr. Speaker, a lot of the member's speech focused on housing. The speech largely ignored the $82 billion that we provided through the national housing strategy, which, I would remind members of the House, is a 10-year plan. We are halfway through that plan. Much of the resources go to non-profits and municipalities, which the member raised in terms of providing support. I am well aware of that as a long-time city councillor in Hamilton. The member had lots of criticism towards the private sector. As much as we have issues related to the financialization of housing, the private sector is key as it relates to getting us out of this housing crisis. It is going to be a partner in this space in terms of providing all the homes we need, in terms of building supply. Why does the member see fit to demonize the private sector when it is an important part of getting us out of the housing crisis?
166 words
  • Hear!
  • Rabble!
  • star_border
Context: House Hansard - 243 - Oct/31/23
Mr. Taylor Bachrach (Skeena—Bulkley Valley, NDP)
  • Oct/31/23 5:07:37 p.m.
  • Watch
Madam Speaker, I thank my colleague from Pontiac for her remarks. I have enjoyed my time working with her on the environment committee. The member mentioned the need for affordable housing to support newcomers, yet one factor that we see driving the unaffordability of housing is the financialization of the housing stock, in particular, the special tax treatment for real estate investment trusts, or REITs. Could she provide her thoughts on these tax vehicles and whether she supports her government removing the special tax status that REITs receive?
88 words
  • Hear!
  • Rabble!
  • star_border