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Decentralized Democracy

House Hansard - 243

44th Parl. 1st Sess.
October 31, 2023 10:00AM
Context: House Hansard - 243 - Oct/31/23
Mr. Daniel Blaikie (Elmwood—Transcona, NDP)
  • Oct/31/23 3:19:43 p.m.
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Mr. Speaker, it is no secret that Canada is in a housing crisis. We have heard from builders, bankers, economists and policy experts that significant public investment in housing is required in order to get out of the crisis. What does the finance minister say? She asks what the Bank of Canada and the rating agencies will do. There is good news. At the finance committee yesterday, the Governor of the Bank of Canada said that investments to increase housing supply in Canada would not be regarded as inflationary spending and might actually help bring down inflation. Therefore, the path is clear to replenish the co-investment fund and the rapid housing initiative, and to start a non-profit acquisition fund. Is the government going to do it in the fall economic statement or will it be missing in action?
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Context: House Hansard - 243 - Oct/31/23
Mrs. Sophie Chatel
  • Oct/31/23 5:08:16 p.m.
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Madam Speaker, when it comes to housing, I would invite my colleague to take a look at the substantial investments we are making to speed up construction and increase housing supply. I think this is the first solution. For example, we are removing the GST from the construction of new rental housing. In my riding, I am told that this will create more housing for people.
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