An Act to Authorize Certain Payments to be Made out of the Consolidated Revenue Fund

Bill C-26, An Act to authorize certain payments to be made out of the Consolidated Revenue Fund for the purpose of improving housing supply · Second reading · now law Where it stands

What the law does

The law authorizes payments out of federal money to provinces and territories for the purpose of improving housing supply. The published material gives no further detail.

Official text (opens in a new tab)

56 statements

Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada

Liberal
“I want the House to approve this bill so a committee can study it. The bill gives money to provinces and territories to help build more homes.”
Official Hansard

moved that Bill C-26, An Act to authorize certain payments to be made out of the Consolidated Revenue Fund for the purpose of improving housing supply, be read the second time and referred to a committee.

Jennifer McKelvie, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal
“I want the House to pass this bill quickly. It sends 1.7 billion dollars to provinces and territories to help build more homes faster and make housing more affordable.”
  • A repeated line

    “Too many Canadians are struggling to find a home they can afford.”

    Said 4 times by 4 members since June 9.

    Every time it was said
Official Hansard

Mr. Speaker, I am delighted to say that I will be sharing my time with the member of Parliament for Trois-Rivières whom I have the great honour of working with in our shared roles as parliamentary secretaries to the Minister of Infrastructure and Housing. I am thankful for the great privilege to speak today to Bill C-26, an act to authorize certain payments to be made out of the consolidated revenue fund for the purpose of improving housing supply. Over the past year, Canadians have navigated a rapidly changing and increasingly fragmented world, and Canada is not immune to the economic uncertainty that this has caused. We are dealing with a new reality that is more complex, more volatile, and for many people, more costly and unpredictable. In response, our government remains focused on solutions and on doing the hard work to support our communities, our industries and Canadians. The current government was elected on a strong mandate to build, and a key area of focus for the Prime Minister and our whole caucus is easing the housing crisis. Put simply, far too many Canadians are struggling to find a home they can afford. Bill C-26 is an important part of our comprehensive plan to address this decades-old issue, which is why we need to get it passed and to get it passed quickly. The legislation would authorize the Minister of Finance to make immediate payments to provinces and territories to support measures to increase housing supply. The proposed funding, totalling just over $1.7 billion, would help make housing more attainable for Canadians. These federal funds would be transferred to provinces and territories to be used exclusively for measures that increase housing supply, including but not limited to reducing development fees or levies on new home construction and making incremental investments in provincial and territorial programming already in place to spur housing development. Across the country, far too many Canadians are struggling to find a home they can afford. That is why we are taking action on multiple fronts to tackle the housing crisis. We are cutting red tape, investing in housing-enabling infrastructure and modernizing the homebuilding sector. Bill C-26 is part of that broader approach. We have seen encouraging signs of progress in many parts of the country, and the Canada Mortgage and Housing Corporation confirmed that there is cause for optimism. Its “Spring 2026 Housing Supply Report” showed that housing starts increased by 6% in 2025, driven by record levels of rental construction, construction completions and growing activity in missing middle housing. These are encouraging signs, but we know we have more work to do. We have implemented several federal initiatives to increase housing supply. Last week, the House passed legislation to establish Build Canada Homes as a Crown corporation with the mandate to scale up the supply of affordable housing nationwide. In less than a year, Build Canada Homes has already advanced thousands of projects across the country to increase Canada’s affordable housing supply. Soon, Build Canada Homes will have even more tools to get housing built across the country. Other measures, including targeted tax relief such as removing the 5% GST on new purpose-built rental construction, are lowering upfront costs and helping projects move forward. Programs such as the apartment construction loan program and CMHC’s mortgage loan insurance projects help builders secure the capital they require to keep building, while the housing accelerator fund helps to unlock supply by cutting red tape and speeding up approvals. We are also investing in the infrastructure that makes housing possible. The Canada housing infrastructure fund and the new build communities strong fund support housing-enabling infrastructure, including water and waste-water systems, because homes cannot be built without the underlying systems that support them. A tangible example of this is a recent agreement with the Province of Ontario that reflects our commitment to help municipalities reduce development charges by 30% to 50% or more. These types of costs directly affect whether housing projects move forward. They have a direct impact on the economics that determine whether a project proponent moves forward with construction now or waits until another construction season. When we talk about thousands of units across the country, we are talking about real places that people will be able to call home. Whether it is families or young people getting their first start, seniors, or individuals who find themselves in need, thanks to the work of the government, these individuals will have the stability, the opportunity and the safety that having their own home provides. These projects would also mean thousands of jobs for labourers, carpenters, plumbers, framers and other workers across the country. They would mean opportunities for local suppliers and local businesses. At a time when our economy faces the risks of an uncertain world, the government is making the choice to invest in ourselves and to strengthen Canada. Bill C-26 would help to further address these pressures. The $1.7 billion proposed in the legislation would give provinces and territories the flexibility to take targeted action to unlock housing supply quickly and effectively where the communities need it most. This funding could and would make a real difference. Ontario’s recent HST rebate announcement on new homes is a key example of how these transfers would improve supply. As part of tax relief efforts, the Ontario government, thanks to federal support tied to the bill, plans to rebate the full 13% harmonized sales tax on new homes valued up to $1 million, saving buyers up to $130,000. This has already had a positive impact on home sales, as the low-rise sector surpassed its 10-year average for the first time in three years, according to BILD, the Building Industry and Land Development Association. With the passage of this legislation, we could continue to make a positive impact across the country based on the local needs and priorities of the provinces and territories. Addressing Canada’s housing crisis requires more than a one-size-fits-all approach. It demands a unified, all-hands-on-deck effort rooted in partnership, flexibility and immediate action. Bill C-26 would help bridge the gap between national ambition and local delivery, with targeted funding for provinces and territories to accelerate housing starts. By empowering our partners, we can build more homes faster and help ensure that every Canadian has a place to call home. Bill C-26 has been designed to unlock new housing supply across the country. Its passage would ensure that the needed funds contained in the legislation would get to the provinces and territories more quickly. I urge all members of this great House to support the legislation.

Greg McLean, Calgary Centre

Conservative
“I want to know what this $1.7 billion will actually do. The government has already spent billions on housing without fixing the problem.”
Official Hansard

Mr. Speaker, I am going to ask the member if she can just tell us what the $1.7 billion would accomplish, because we have already thrown a lot of money at the situation. We have empty condos now that do not suit the market in Toronto. Now we would give the development industry more money when there are empty lots to be developed once the actual economics make sense. We keep aiming for these problems that we are creating, yet what the government suggests is a crisis is something of its own making. How is it going to square this by just throwing another $1.7 billion of taxpayer money at it, thinking it would solve everything that the government’s last few billion dollars thrown at it has not solved so far?

Jennifer McKelvie, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal
“I want the House to pass this bill. It gives money to provinces and territories to help them build more homes faster and lower taxes and fees on new housing.”
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Official Hansard

Mr. Speaker, we have a comprehensive approach to addressing housing in this country, and with this bill we would help provinces and territories remove barriers that are holding back homebuilding. This includes measures such as lowering development charges, fees, levies or sales taxes on new homes. It would also support efforts to harmonize rules, improve internal trade and increase productivity in the residential construction sector. The bill would build on the work we are doing with Build Canada Homes to catalyze a new industry of modern methods of construction, accelerate the construction of affordable housing and build on the work we are doing with the provinces to lower development charges.

Sébastien Lemire, Abitibi—Témiscamingue

Bloc Québécois
“The housing agencies are disorganized. Build Canada Homes is taking longer than 30 days to reply, and people are being sent back and forth between it and CMHC. I want to know who is in charge and when people will get useful answers.”
Official Hansard

Mr. Speaker, as things stand, conversations about housing are, naturally, conversations about Build Canada Homes. However, for the past year, Build Canada Homes has been having a lot of trouble getting its programs up and running. We have been told a number of times that the CMHC no longer exists and that people have to contact Build Canada Homes instead. Build Canada Homes’ own standards dictate that it must provide responses within 30 days. However, Build Canada Homes is not meeting that deadline. I think this is a very serious problem. Now, people are being told to contact the CMHC, which is no longer supposed to have any files. Can someone set the record straight? Who is in charge now? Is it the CMHC or is it Build Canada Homes? When can we expect useful answers?

Jennifer McKelvie, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal
“I am glad the House passed this bill. It gives a new agency more ways to fund and build affordable homes across the country.”
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Official Hansard

Mr. Speaker, I am so excited that the legislation for Build Canada Homes has passed through the House. It will enable them to increase the tools that are available to them for financing affordable housing across this great country. They will have new tools that they did not have before. They will be able to go beyond grants and beyond loans. They will be able to really look forward at things like guarantees and equity and a whole bunch of different financial tools that were not available to them before. We all look forward to the ramping up of this great new agency and building affordable homes across the country.

Dominique O'Rourke, Guelph

Liberal
“I am congratulating the Guelph and District Multicultural Festival on its 40th anniversary. I also want my colleague to explain why it is urgent to pass this bill quickly, and how this money will help people buy and build new homes.”
Official Hansard

Mr. Speaker, first, I just want to celebrate the Guelph & District Multicultural Festival, which celebrated its 40th anniversary this weekend. I congratulate Anu Saxena, their chair, and also Cinthuja Leon, who is their executive director. It was another amazing weekend. When I am out at these community events, people really want to know how soon we can see the waiver of the HST on new homes in Ontario. My hon. colleague was a municipal councillor, as I was. What is the urgency in passing the legislation and getting the money flowing? How important is that money, in terms of ensuring that people can buy their home now, a new home that would be built in the future, in terms of smoothing out the construction, so that, in fact, we are seeding builds for the next several years?

Jennifer McKelvie, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal
“We made a deal with Ontario to drop the sales tax on new homes bought since April 1. This can save buyers up to $130,000 on a $1-million home. We are also building affordable homes across the country, including in Guelph.”
Official Hansard

Mr. Speaker, there is good news for Ontario residents and for the residents of Guelph. The deal that we have made with the Province of Ontario will be backdated to April 1 of this year. All new homes purchased since then will have a waiver of the HST. As I mentioned, that is the equivalent of saving $130,000 on a $1-million home. We are not stopping there. We also have affordable housing projects that are under way, from coast to coast to coast, including in Guelph. We look forward to working with the member so that we can have shovels in the ground in her community.

Caroline Desrochers, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal
“I want to thank my colleague and the minister.”
Official Hansard

Mr. Speaker, I want to begin by thanking my excellent colleague, the parliamentary secretary, and Minister Robertson, of course. It is a pleasure to work with them.

Caroline Desrochers, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal
“I want the House to pass this bill. It gives over $1.7 billion to the provinces and territories to help build more homes. The Conservatives are trying to delay it instead of helping people find affordable housing.”
Official Hansard

Mr. Speaker, I rise today in support of Bill C-26, an act to authorize certain payments to be made out of the consolidated revenue fund for the purpose of improving housing supply. This bill would authorize the Minister of Finance to make immediate payments to the provinces and territories to support measures aimed at increasing the housing supply. The proposed funding of more than $1.7 billion would help make housing more affordable for all Canadians. This federal funding would be transferred to the provinces and territories and used exclusively for measures aimed at increasing the housing supply, such as reducing development and new home construction fees, as well as for additional investments in existing provincial and territorial housing creation programs. Because we know that the housing market varies from one province or territory to another, we believe that they are in the best position to ensure that the funds are invested where they will have the greatest impact for Canadians. Unfortunately, after calling for such measures for months, the Conservatives are once again trying to throw a wrench in the works and stall this bill in order to prevent the provinces and territories from accessing these funds. Earlier today, the Conservatives moved to adjourn the House instead of allowing this bill to move forward. This is the third time that the Conservatives have moved such motions to adjourn in recent days. Why are they doing this? They know full well that the measures that we are proposing, such as Bill C‑26, will have a positive impact on the housing market. We know that they do not like good news. I am a new MP, and I never thought that elected officials could take satisfaction in the headwinds we are facing, with the tariff war affecting businesses and the geopolitical turbulence that brings new challenges every day. However, we on this side of the House are rising to the challenge. The Conservatives know that Bill C‑26 is part of a series of concrete measures that our government is creating to make a difference and fix the housing crisis. They heard this from many experts, developers, non-profits and government officials who appeared before the Standing Committee on Human Resources, Skills and Social Development and the Status of Persons with Disabilities to testify about the importance of lowering building costs and increasing the supply of affordable housing in order to ease the pressure on rents. This is part of what Bill C-26 proposes. They know that this bill complements Build Canada Homes, the new investment agency working to increase the supply of affordable housing across Canada. Since its launch last fall, Build Canada Homes has already reached agreements to build over 11,400 units, most of which is affordable housing. I am tired of hearing them mislead Canadians day after day by saying that Build Canada Homes has not done anything yet. I will provide a few examples. In Nova Scotia, there is a partnership worth up to $300 million to build up to 1,430 affordable housing units. In Manitoba, Naawi-Oodena, a historic redevelopment project carried out in partnership with Treaty 1 first nations and the Canada Lands Company, will see 320 affordable homes built. A total of 2,100 units could be built on the entire site. In Quebec, our governments announced in April a joint investment of nearly $200 million to build 865 new affordable housing units across Quebec. This is on top of the 1,055 units that had already been announced in Longueuil in December 2025. In the north, we have reached an agreement in principle with the Government of Nunavut and Nunavut Tunngavik Incorporated to build 750 units, including affordable public housing with support services. In Ontario, we partnered with the City of Ottawa to build up to 3,000 affordable homes for mixed-income households. To sum up, the number of agreements and projects that are shovel ready far exceeds the time I have to speak. These projects also mean thousands of jobs for construction workers, electricians, plumbers, carpenters and many local businesses across the country. In an uncertain economic environment, our government is choosing to invest in Canada and Canadians. Last week, the House of Commons passed the bill to make Build Canada Homes a Crown corporation. We now hope that it will be passed quickly by the Senate so that this new agency can have all the tools it needs to speed up housing construction. It is important to note that the Conservatives did not make any changes to this bill. However, they voted against it. They voted against the thousands of affordable housing units that will be built across Canada, in the ridings of all my colleagues here in the House. They voted against affordable housing for families struggling to make ends meet. They voted against better housing for seniors who need a bit of a break. Now, once again, they are opposing Bill C-26. I hope that the Canadians listening to us today take note of this and understand what it means, specifically that the Conservatives do not care about affordability. Bill C-26 is part of a package of measures we are introducing to accelerate housing construction in partnership with provinces, territories, municipalities and indigenous communities. These include measures like the build communities strong fund, which will invest more than $51 billion in our communities, including in infrastructure that enables housing construction, such as water and sewer systems. Housing cannot be built without the underlying systems needed to support it, and the need is great across Canada. Just two weeks ago, the Prime Minister, together with the Premier of Quebec, announced a historic agreement between Canada and Quebec for $10 billion in investments to build more housing across Quebec. That includes $2.6 billion for infrastructure. This is the kind of constructive federalism we support. Our goal on this side of the House is to work and serve Canadians, not to play political games. Bill C‑26 includes other measures, among them targeted tax relief, such as the elimination of the 5% GST on new rental housing. Here again, the goal is to reduce upfront costs and move projects forward. Programs such as the apartment construction loan program and the CMHC’s mortgage insurance products are available to help builders secure financing. The proposed $1.7 billion in Bill C-26 would give the provinces and territories the flexibility they need to take targeted measures to increase the housing supply quickly and effectively where communities need it most. This flexibility is essential, because housing needs are not the same in Whitehorse, Montreal, Halifax, or Iqaluit. The provinces and territories are best positioned to determine the measures that will rapidly increase the housing supply in their communities. Collaboration with the provinces and territories is at the heart of this bill. Solving Canada’s housing crisis requires more than a one-size-fits-all approach. It requires a concerted effort in which everyone pitches in, an effort based on collaboration, flexibility, and immediate action. On this side of the House, we understand that. Bill C-26 will help turn our ambitions into meaningful results. We must act now. Canadians need more housing, communities need support, and our economy needs us to keep building. Above all, Canadians need the opposition to get to work. I therefore urge all members of Parliament to support Bill C-26.

Jeff Kibble, Cowichan—Malahat—Langford

Conservative
“The government promised to build 500,000 homes a year, but it only built 11,000. Does the member agree that the government is short 489,000 homes after spending $13 billion?”
Official Hansard

Mr. Speaker, I heard from the member opposite that 11,000 homes were built. Of course, that is assuming agreements. I also heard “will allow” four times and “MOUs”. The government’s promise was 500,000 homes per year. Minus 11,000 homes, my calculation says that we are short 489,000 homes for $13 billion. Would the member opposite agree with my mathematical calculation of 489,000 homes short this year?

Caroline Desrochers, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal

Linked statement

“We never promised the government would build 500,000 homes. Private builders build them. Our job is to help them build faster with the right rules and funding tools. We are proud of the new homes being built with the provinces.”
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Official Hansard

Mr. Speaker, my colleague knows full well that we never said the government was going to build 500,000 homes. Our job is to bring together the conditions needed for the market to build them. The homes themselves will be built by developers and builders. We are working with the provinces to create a regulatory framework that will keep things moving quickly and put financial tools in place to get projects started. We are indeed very proud of the 11,400 housing units to be added to the 260,000 housing starts already made last year.

Sébastien Lemire, Abitibi—Témiscamingue

Bloc Québécois
“The government housing agency promised to answer groups within 30 days, but it does not have enough staff to do that. It is sending them to another agency that is not taking applications. Will the government make sure these groups get answers within 30 days?”
Official Hansard

Mr. Speaker, on February 17, a technical briefing was held about Build Canada Homes. During that meeting, it was stated that Build Canada Homes would provide a response to the organizations within 30 days so that they would know what to expect. Unfortunately, what we are seeing today, several months later, is that Build Canada Homes is unable to meet these deadlines because it does not have the necessary staff. Worse still, it is referring organizations to the Canada Mortgage and Housing Corporation, which is no longer supposed to be accepting applications. Will the parliamentary secretary commit to ensuring this 30-day deadline is met and to following up with her minister?

Caroline Desrochers, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal
“Our housing agency is not an official Crown corporation yet because the Senate still needs to pass this bill. We are still keeping our promises and working closely with Quebec on housing projects.”
Official Hansard

Mr. Speaker, Build Canada Homes is not yet a Crown corporation. In fact, we are awaiting the Senate’s approval of Bill C-20. Yes, this remains one of Build Canada Homes’ commitments. We are working very closely, in fact, with the Société d’habitation du Québec on all projects from Quebec that are submitted to Build Canada Homes. We work jointly and are in regular contact with all the organizations that submit projects. I myself meet with dozens of them every week.

Kevin Lamoureux, Parliamentary Secretary to the Leader of the Government in the House of Commons

Liberal
“We made a housing deal with Ontario. I want my colleague to explain how important this is for homebuyers and construction workers there.”
Official Hansard

Mr. Speaker, I am very grateful and glad that we have already made an agreement with Canada’s most populous province. There is an agreement with Ontario now. The minister has been able to work with the province and in collaboration with Premier Doug Ford. I am wondering if my colleague could provide her thoughts on just how important that is, not only for the people who are going to be purchasing homes but also for the construction industry as a whole in the province of Ontario.

Caroline Desrochers, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal
“I want the House to pass this bill. Home builders need to know the money is coming so they can keep building more houses.”
Official Hansard

Mr. Speaker, as my colleague said earlier, we are already seeing the results of these announcements. However, developers are telling us that they need certainty that this bill will pass and that the funding will actually get out the door. That is what they are waiting for. That is what is making them nervous right now. They testified before the Standing Committee on Human Resources, Skills and Social Development and the Status of Persons with Disabilities last week and told us that the market is accelerating and has become much more dynamic since the bill was announced.

Jamie Schmale, Haliburton—Kawartha Lakes

Conservative
“Conservatives care about making life affordable. The government keeps failing to fix high prices, like with groceries. Now they are making announcements instead of actually building homes. I want to know when things will get built.”
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Official Hansard

Mr. Speaker, I found it interesting that the member opposite was talking about Conservatives not caring about affordability. I would argue that all we talk about, day in and day out, is affordability. What we have an issue with is how many times the Liberal government fails, over and over again. For the grocery plan, the finance minister brought the CEOs to Ottawa to give them what for, but it did not lower the price of groceries. Now we have had an announcement in front of a fake house. When are we actually going to get things built?

Caroline Desrochers, Parliamentary Secretary to the Minister of Housing and Infrastructure

Liberal
“The Conservatives talk about helping people, but they do not vote for it. They voted against building homes, school food programs, and money for groceries and kids.”
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    “Conservatives voted against the Canada child benefit.”

    Said 3 times by 3 members since June 16.

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Official Hansard

Mr. Speaker, I will reiterate what my colleague on the other side of the House said. Yes, the Conservatives talk about it every day in the House, but they do not do anything to support the arguments they are making in the House today. They voted against Build Canada Homes. They voted against the national school food program. They voted against the Canada groceries and essentials benefit. They voted against the Canada child benefit—

Jeff Kibble, Cowichan—Malahat—Langford

Conservative
“I oppose this bill. It gives the finance minister $1.7 billion for housing with no rules, no reporting, and no guarantee that any homes will actually be built.”
Official Hansard

Mr. Speaker, I will share my time today with the member for Flamborough—Glanbrook—Brant North. Before I turn to the business at hand, I would like to share that I was in Hamilton this morning for the change of command of the Royal Canadian Navy. I have had the honour of serving and sailing with both naval officers, Vice-Admiral Angus Topshee and Vice-Admiral Dan Charlebois. After four years of distinguished service and amazing leadership, Vice-Admiral Angus Topshee has turned over command of the Royal Canadian Navy. I think of all the amazing things he did, and he should be acknowledged for his care of those sailors and the others who worked for him. As well, I want to send my congratulations to recently promoted Vice-Admiral Dan Charlebois, who will be taking over command of the Royal Canadian Navy. I have no doubt that he will lead with distinction. Today, I rise to oppose Bill C-26, an act to authorize certain payments to be made out of the consolidated revenue fund for the purpose of improving housing supply. As always, I rise on behalf of the great people of Cowichan—Malahat—Langford on beautiful Vancouver Island, the seniors, the young families, the trades workers, the veterans, and the men and women who get up before dawn, work hard, play by the rules, yet watch the dream of owning a home drift a little further out of reach every year that passes. In the Cowichan Valley today, the benchmark price of a single-family home sits above $780,000. Across Vancouver Island, it is close to $800,000, and in greater Victoria, including Langford, the average sale price is now nearing $1 million. However, there are people behind those numbers, and I know many of them by name. I know veterans, men and women who once wore this country’s uniform, who are now living out of their trucks. I know forestry and mill workers who have been knocked down by mill curtailments and closures and are now living in campers. I know people who have been taxed out of the very homes they worked their whole lives for, who are now living in trailers and tents. I know young couples who have all but given up on the idea that they will ever stop renting. When I speak about housing in this chamber, I am not speaking simply about a line in a budget. I am speaking about the greatest single worry in people’s lives right now. This bill is such a disappointment to me because the people I represent do not need another illusion. They need a home. The government has a real gift for illusion. Bill C-26 is dressed up as Emerald City on the Hill, with $1.7 billion announced with a great deal of fanfare, and all of it said to be for housing. What I would ask of every member of Parliament is that they pull back the curtain and reveal what the illusion is. When they do, they will find that the whole substance of this bill is in a single small section that says, “The Minister of Finance may make payments to the provinces and territories, the total of which is equal to $1.‍713 billion”. It also says, “The amount of each payment is to be determined by the Minister of Finance.” Those payments may be made “at the times and in the manner that the Minister of Finance considers appropriate.” That is the entire bill. There are no conditions attached to it. There is no requirement to come back and report to Parliament, no definition of what “improving housing supply” is even meant to mean, and nowhere does the government commit to building so much as a single home. The government claims there will be 11,000 for the $13 billion it is spending. What we are being asked to approve is not a housing plan at all, but a blank cheque, and we are being asked to trust the one man who gets to fill in that amount. We have seen this before, and not long ago. Buried inside division 16 of the last budget bill, Bill C-31, was the Defence Investment Agency act. I studied it closely as a member of Standing Committee on National Defence, and tucked away in it was a remarkable power: the authority for a single minister to draw up to $1 billion at a time out of the very same consolidated revenue fund. It is the same fund, the same kind of open-ended discretion, and it is once again being slipped quietly into a budget where most Canadians would never think to look. I spent a better part of three decades in uniform, and I can plainly tell members of Parliament that we do not rebuild a military or a country on a blank cheque, a fancy press release and announcement. Now, here we are again with Bill C-26. It is a different minister and a different file, but the very same approach. The Minister of National Defence was reaching into that fund $1 billion at a time, and now the Minister of Finance is reaching into that fund for $1.7 billion more. The illusions have many names, and it is my job to pull back that curtain and expose the reality. This is not a coincidence. It is becoming a habit of the government to gather the money and the decisions into as few hands as possible, strip away the accountability that ought to come with them and trust that the fancy announcement of the day will carry the day. I would gently remind the House where that kind of governing tends to lead. When enormous public resources can be moved around by a handful of powerful people with little real scrutiny, we are no longer describing a healthy democracy. We are describing something closer to an oligarchy. An oligarchy is never built one dramatic stroke at a time. Rather, it is built quietly, one billion unaccountable dollars at a time. When money on that scale can move on the say-so of one minister with no criteria and no audit, I think we all know who tends to benefit in the end, and it is rarely the young family in Langford or the senior in Duncan. Instead, it is the well connected and the well placed. This brings me to the real question at the heart of this bill. It does not ask us to trust an institution with all of its checks and balances and safeguards. It asks us to trust one man: the Minister of Finance. I think it is fair to ask whether that trust has been earned. Let us consider the record. The minister told Canadians he had recused himself from the Alto high-speed rail file, one of the most expensive projects in our country’s history, because his own wife serves as vice-president at the very corporation building it. He wrote a letter, he announced a screen, and he assured us he had stepped aside. However, when a motion came before Parliament that would have stripped the high-speed rail provisions out of the government’s budget bill, the minister did not step aside at all. He stayed and voted to protect the project. Both of these things cannot be true at the same time. Either he genuinely recused himself or he voted on a matter that reached his own wife’s employer. Hundreds of millions of dollars have already been spent and poured into that project, and the track has yet to be laid. I do not raise this to make anything personal. I raise it because accountability is the whole purpose of Parliament, and this is the same minister who is asking for the same trust on the same terms, only now the figure is $1.7 billion higher. I have not risen here only to criticize and to show the illusion. The people of Vancouver Island deserve better than what this bill offers, and there is a better way forward, so let me set it out. First, we could tie the money to results rather than to announcements. The funds should flow against real, measurable increases in housing starts and completions that are verified and made public. Second, we would put the conditions in the legislation itself, not in one minister’s head. We need clear criteria, clear timelines and clear reporting back to Parliament. Third, we would bring in the Parliamentary Budget Officer and the Auditor General to follow this money, from the first dollar to the last nail, and tell Canadians honestly whether it worked. Finally, we could direct the funding to the communities that are actually developing, improving and building homes, be it on Vancouver Island or across the country, rather than rewarding the ones that stall. That is how a government could actually improve the housing of Canada. The people of Vancouver Island are not easily fooled. They have been shown the Emerald City before. What they are asking for this time is a home they can afford in a community they love and a government they can actually trust with every dollar it spends. They are watching this debate right now, and they are waiting. Let me be clear: I cannot support Bill C-26 as it is written. If it does proceed to committee, it must not pass unchanged. It must be fixed. It must be amended to carry the safeguards I have set out today. We need real conditions, real reporting and real oversight so that every dollar is tied to a home built and not one more announcement. The people of Vancouver Island deserve nothing less. The people of Canada deserve nothing less. They deserve a government they can trust and a Parliament with the courage to hold $1.7 billion of taxpayers’ money to account. I urge every member of Parliament on all sides to summon that courage.

Kevin Lamoureux, Parliamentary Secretary to the Leader of the Government in the House of Commons

Liberal
“The member is wrong. This bill gives $1.7 billion to provinces and territories to build more homes. Our deal with Ontario will help people buy new houses and save tens of thousands of dollars. It will lead to more home building and more people owning homes.”
Official Hansard

Mr. Speaker, I believe the member is wrong on so many counts. In one sense, he needs to realize that what we are talking about is $1.7 billion, working in collaboration with provincial and territorial jurisdictions, to increase Canada’s housing stock. The best example is the one that has already been negotiated in collaboration with the Premier of Ontario, which is a Progressive Conservative government. We have come to an agreement where we are going to have residents purchase new homes and save literally tens of thousands of dollars on each home. To deny that this would motivate more home constructions and more home ownership is denying reality. Why will the member not recognize reality?

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