HANSARD: Questioning government delaying housing funding until 2025

House of Commons Hansard #254 of the 44th Parliament, 1st Session
Oral Questions
November 23rd, 2023 / 2:50 p.m.

Jenny Kwan Vancouver East, BC

Mr. Speaker, Canadians from coast to coast need affordable homes today. People are living in tent encampments, being evicted from their homes or trapped paying sky-high rents.

The Liberals continue to delay and disappoint. In their fall economic statement, by delaying funding until 2025 means that affordable homes will not be built for at least another seven years. This is absurd and completely out of touch.

Will the Prime Minister commit to roll out the money now so that shovels can get into the ground to build the homes that Canadians desperately need?

Sean Fraser Minister of Housing

Mr. Speaker, I thank my hon. colleague for her concern and her continued support for people in need of housing urgently.

I am pleased to share with her that there are existing programs that have money that continue to support the construction of new homes both in the market and for affordable housing for low-income families. What we have done in the fall economic statement is demonstrate our long-term commitment so that people who are making decisions to go ahead with projects will apply for their building permits now and will get their designs done now.

I am pleased to share that the Co-operative Housing Federation indicated that the statement “shows action from the federal government to support more non-market and affordable housing.” It was pleased with the new investments, including $1 billion in affordable housing for co-op, non-profit and social housing.

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