Discussion · Oral Questions
Scott Aitchison Conservative
“The Prime Minister promised to build 500,000 homes a year, but his new agency will only build 5,000. Home prices have gone up 28% since 2015, and Canada has the worst housing affordability in the G7. I want the Prime Minister to defend his record.”
“Mr. Speaker, where are the results? The Prime Minister promised to double the pace of housing construction to almost 500,000 new homes a year, but his own budget watchdog said his new $13-billion housing agency will build only about 5,000 homes. The CMHC’s chief economist pointed this week to “weaker momentum for future supply”. Meanwhile, Canada’s home prices are up 28% since 2015. Canada has the worst housing affordability in all of the G7. My question is simple. Will the Prime Minister stand and defend his record?”
Official Hansard
Mr. Speaker, where are the results? The Prime Minister promised to double the pace of housing construction to almost 500,000 new homes a year, but his own budget watchdog said his new $13-billion housing agency will build only about 5,000 homes. The CMHC’s chief economist pointed this week to “weaker momentum for future supply”. Meanwhile, Canada’s home prices are up 28% since 2015. Canada has the worst housing affordability in all of the G7. My question is simple. Will the Prime Minister stand and defend his record?