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Decentralized Democracy

House Hansard - 306

44th Parl. 1st Sess.
May 1, 2024 02:00PM
  • May/1/24 2:58:17 p.m.
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Mr. Speaker, two years ago, after having doubled the rent, doubled mortgage payments and doubled the needed down payment for a home, the Prime Minister promised, in his budget, that he would double home building. Here we are, two years later, and homebuilding is down 8%. His housing agency says that it will be down next year and the year after that. If it cost him $89 billion in programs to bring homebuilding down, how much would he have to spend to bring it up?
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  • May/1/24 3:02:16 p.m.
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Mr. Speaker, the Prime Minister did turn it around. Obviously, nine years is too long for him because he is starting to attribute to the previous government words he said himself. He was the one who said the federal government is not responsible for housing construction or affordability and that is after he doubled the cost. When I was housing minister, we built 89,000 apartments at an average rent of $973. Since then, the rent has doubled. The mortgage payment has doubled, and the needed down payment has doubled. With all this failure, why is the Prime Minister doubling down?
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