Discussion · Oral Questions
Jennifer McKelvie Liberal
“Our work over the past year is making housing more affordable. We cut red tape and fees with the provinces, lowered the GST for first-time buyers, and funded infrastructure to build more homes. Because of this, rent has dropped for 24 months in a row, and new home construction is up in Vancouver, Montreal, and Saskatchewan.”
“Mr. Speaker, I thank the member for the question because it gives us the opportunity to reflect on the hard work we have done over the last year. Over the last year, we have worked with provinces to reduce red tape and fees. We have reduced GST for new homes for first-time homebuyers. We have invested in housing-enabling infrastructure so that we can build more homes. Here are the results. Let us talk about them. RBC confirmed improved housing affordability. Rent prices are down 24 months in a row. PwC says optimism in housing is back. According to Canadian real estate, housing starts are up in Vancouver and Montreal and, listen to this, up 65% in Saskatchewan—”
Official Hansard
Mr. Speaker, I thank the member for the question because it gives us the opportunity to reflect on the hard work we have done over the last year. Over the last year, we have worked with provinces to reduce red tape and fees. We have reduced GST for new homes for first-time homebuyers. We have invested in housing-enabling infrastructure so that we can build more homes. Here are the results. Let us talk about them. RBC confirmed improved housing affordability. Rent prices are down 24 months in a row. PwC says optimism in housing is back. According to Canadian real estate, housing starts are up in Vancouver and Montreal and, listen to this, up 65% in Saskatchewan—