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House Hansard - 327

44th Parl. 1st Sess.
June 7, 2024 10:00AM
Context: House Hansard - 327 - Jun/7/24
Mr. Eric Melillo (Kenora, CPC)
  • Jun/7/24 11:12:53 a.m.
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Mr. Speaker, after nine years of the NDP-Liberal government, the cost of rent has never been more expensive. This cost of living crisis was confirmed by Rentals.ca, which reported that asking prices for rent rose 9.3% annually, meaning that the average asking price for a residential property across the country has now reached more than $2,200 in May. This is more expensive than it has ever been in Canada. Simply, the cost increases of rent are not keeping up with anyone's paycheque. These costs continue to surge, because the NDP-Liberal government is failing to get enough homes built. We have seen tens of billions of dollars being sent out the door from Ottawa, but housing starts across the country are down 9% year over year, and homes continue to get less and less affordable. We know that Canadians cannot afford this anymore. Only common-sense Conservatives will build the homes that Canadians can afford.
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