Discussion · Government Orders

François-Philippe Champagne Liberal

“Across Canada, rent is down compared to two years ago. Housing prices dropped by $160, and they dropped even more in big cities like Vancouver and Toronto.”
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Mr. Chair, I have a statistic to support my colleague’s point. Nationwide, housing prices have dropped by $160 compared to two years ago. In fact, in major cities like Vancouver and Toronto, the drop has been even more pronounced. Yes, rent has gone down across Canada compared to two years ago.

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