SoVote

Decentralized Democracy
  • May/18/23 2:40:00 p.m.

Hon. Yonah Martin (Deputy Leader of the Opposition): This question is for the Leader of the Government in the Senate. In a report last June, the Canada Mortgage and Housing Corporation, or CMHC, said that to restore housing affordability by 2030, we need an additional 3.5 million housing units beyond the current projections. That’s a total of 5.8 million units needed just to make housing affordable in Canada. CMHC also says that two thirds of this gap is in British Columbia and Ontario.

Leader, this information can’t be dismissed as being from a partisan source. It’s from a Crown corporation. The Trudeau government’s Housing Accelerator Fund has a goal of creating 100,000 new homes between when it opens for applications in June and when it ends in 2027. Leader, how will the Trudeau government address the massive shortfall between the amount of housing needed and the amount your plan is offering?

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