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House Hansard - 310

44th Parl. 1st Sess.
May 7, 2024 10:00AM
Context: House Hansard - 310 - May/7/24
Mr. Tako Van Popta (Langley—Aldergrove, CPC)
  • May/7/24 5:51:03 p.m.
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Mr. Speaker, we are talking about the budget implementation act, budget 2024. In its budget, the Liberal government makes the audacious claim that its ongoing investments are “making life more affordable for Canadians and improving access to housing.” I thought I would compare that to what is actually happening on the ground in communities across Canada and in my riding of Langley—Aldergrove. What has happened in the last nine years under the Liberal government? Instead of making life more affordable, two million Canadians are regularly using food banks, and that demand is growing. The demand is growing to the point that some food banks are starting to ration what they can give, even turning some people away. That is hardly making life more affordable. How about improving access to housing? The average house price in Canada has doubled in the last nine years. In my riding, in Langley, the Fraser Valley and part of metro Vancouver, the increases have been even more dramatic. The average price in Canada for a house nine years ago was $400,000. Today, it is double that at $800,000. When we add to that the tripling of interest rates, making mortgage payments has become very difficult for some Canadians. I was talking to someone in my community just the other day who told me that he bought a house with his brother and parents a couple of years ago. At that time, with the relatively lower interest rates, their payment was $4,000 a month. They renewed it just a little while ago. Interest rates have gone up dramatically, and their payment has doubled to $8,000 a month. So much for helping the middle class and making housing more accessible. The people in Langley, and certainly this family I talked to, say they are not looking for government handouts. They want lower interest rates so they can make their payments and eventually pay off their houses. I am speaking of one family, but I have heard this from many others. Canadians do not believe that whatever the Liberal government is trying to do is making life more affordable for Canadians or improving access to housing. It is quite the opposite.
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