Mr. Speaker, housing cost is the biggest contributing factor to the affordability crisis. Notwithstanding the promise of Build Canada Homes, new homes will not materialize until years from now, and there would be no federal subsidies to ensure affordability.
Renters are in a crisis now. Corporate landlords are hiking rent far beyond inflation, and ordinary Canadians are being forced out of their homes. Housing profiteers are jacking up rent by 30%, 40% or even 50%.
National vacancy control legislation would stop this gouging cold. Will the Prime Minister bring back a national vacancy control, like the one we used to have before the war, to protect renters?
