Discussion · Government Orders
Jenny Kwan NDP
“We already have a corporation to build housing. This bill creates another one, but it has no targets, no affordability rules, and no way to hold it accountable. It will only build up to 100 homes a year when we need 500,000. Why are we creating this new corporation?”
“Madam Speaker, in Canada we have CMHC specifically designed to deliver housing. Now the government is coming forward with an act for Build Canada Homes, another Crown corporation, to deliver housing, yet in this bill there are no accountability measures, no targets and no affordability requirements. Meanwhile, the Parliamentary Budget Officer projects that Build Canada Homes would only build around 50 to 100 units per year, a fraction of the annual 500,000 units, at least, that are required to address the housing crisis. My question for my colleague is this: If there are no accountability measures, what is the point of creating yet another Crown corporation?”
Official Hansard
Madam Speaker, in Canada we have CMHC specifically designed to deliver housing. Now the government is coming forward with an act for Build Canada Homes, another Crown corporation, to deliver housing, yet in this bill there are no accountability measures, no targets and no affordability requirements. Meanwhile, the Parliamentary Budget Officer projects that Build Canada Homes would only build around 50 to 100 units per year, a fraction of the annual 500,000 units, at least, that are required to address the housing crisis. My question for my colleague is this: If there are no accountability measures, what is the point of creating yet another Crown corporation?