Affordability

During Members’ Statements under the topic of affordability, Greg McLean of the Conservatives said Canada has a “K-shaped” economy in which people with assets are doing relatively well while those trying to buy their first home are finding that goal out of reach. He said government policy has left working Canadians taking on more debt and with a lower standard of living than their parents, and he called on the government to change course so the next generation has more opportunity.Written by AI from the debate. Updated .

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1 statement

Greg McLean, Calgary Centre

Conservative

Linked statement

“The government's policies are making life worse for working Canadians. People are taking on more debt, cannot afford homes, and have a lower standard of living than their parents. The government needs to change course so the next generation has more opportunity.”
Official Hansard

Mr. Speaker, working Canadians are doing their best in a K-shaped economy, where those with assets are doing relatively well, while those striving to buy their first home are seeing that dream move out of reach. The government has created a financial reality where Canadians are asked to take on more debt, pay more interest and accept a lower standard of living than the generation before them. Work harder and expect less is not the legacy we were supposed to leave our children, yet the Liberal government continues to manage expectations downward because its policies have led to a less prosperous country. That means lower results for everyone, including less food security, less shelter and lower expectations for health outcomes. A generation’s future is being pulled back because that is the price of the government’s choices. Where we are is clear. How we got here is evident. What Canadians need now is a government prepared to change course, restore opportunity and build a future where the next generation can contribute more and expect more.

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