Discussion · Government Orders
Dan Muys Conservative
“Rent and mortgages were much cheaper eleven years ago under a Conservative government. Today, government fees and taxes make up about a third of the cost to build a home. In Hamilton, it is 36 percent. This drives up housing costs and keeps young people from buying homes.”
“Mr. Speaker, I thank my colleague from Carlton Trail—Eagle Creek for a strong grasp of the numbers and the facts. I would note that 11 years ago, the average monthly mortgage payment was $1,432. The average monthly rent payment was $973 a month after 10 years of Conservative government. Maybe the hon. member can reflect on the fact that now in Canada, a third of the cost of building a home is government taxes, fees, levies, delays and permits. In my community of Hamilton, Ontario it is actually 36%. This is driving up the cost of housing and it is preventing young people from entering the market.”
Official Hansard
Mr. Speaker, I thank my colleague from Carlton Trail—Eagle Creek for a strong grasp of the numbers and the facts. I would note that 11 years ago, the average monthly mortgage payment was $1,432. The average monthly rent payment was $973 a month after 10 years of Conservative government. Maybe the hon. member can reflect on the fact that now in Canada, a third of the cost of building a home is government taxes, fees, levies, delays and permits. In my community of Hamilton, Ontario it is actually 36%. This is driving up the cost of housing and it is preventing young people from entering the market.