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House Hansard - 327

44th Parl. 1st Sess.
June 7, 2024 10:00AM
  • Jun/7/24 11:29:11 a.m.
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Mr. Speaker, the average monthly price for rental housing in Canada hit a record high of $2,202 in May. This is unprecedented. In Montreal, a two-bedroom apartment costs $2,300 a month. It is crazy. For decades, Liberal and Conservative governments have allowed wealthy developers to use the housing market as a casino, rather than protect the people. Prices are skyrocketing and families are being squeezed. What will it take for this government to prioritize social and affordable housing rather than developers' profits?
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  • Jun/7/24 11:30:16 a.m.
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Mr. Speaker, people in Vancouver Kingsway are really struggling to find a home they can afford. A two-bedroom apartment costs over $3,600 a month, which is the highest cost in the country. The average renter is now spending 60% of their income on rent, or double the recommended amount. This is the result of decades of underfunding by Liberal and Conservative governments. The Liberals are failing to meet this moment, and the Conservatives offer slogans instead of solutions. When will the Liberals start building the affordable, non-market homes people need and deserve?
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