The House resumed from February 23 consideration of the motion that Bill , be read the second time and referred to a committee.
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Mr. Speaker, listening to the debate, as I have been, we would not know it, but there is a quiet but growing anxiety in the country. We can feel it in conversations around the community, with those who work in our offices, with the people one potentially goes to school with, with people on the pickleball court. We hear a pause before a young couple answers the question of when they are buying. We see the construction worker who is constantly checking the listings, the articles about litigation for those who were so close but just could not close on what they bought pre-construction.
The housing market in Canada is not just cooling. It is absolutely cracking for these people, for people who want to get into the housing market.
In Toronto, starts have fallen to 30-year lows. Last month, fewer than 300 homes and fewer than 100 condos sold in the entire city. That is nearly 90% below average, and 75% of people who do not own a home in that city believe they never will own a home.
Think about that. That is now a story in Canada. Three-quarters of people who do not own a home will have already given up on the idea that they will own a home. I repeated that because I want members to let that sink in. This is a country where the dream of home ownership has always been there and should continue to be there.
This is not a market correction. It is not a cycle. It is an entire generation losing faith in what their parents and grandparents, and those who came before them, had in this country. It is in moments like this, in a real crisis, that leadership and action actually matter.
When a person's house is on fire, they do not call the fire department for a literature review on combustion, and that is exactly what we are talking about. It is exactly what the government is doing with yet another piece of legislation on housing. The flames are obvious, the young people are locked out, the renters are squeezed, builders are stalled and jobs are disappearing. Now, imagine that, instead of water, the government arrives with a brand new set of clipboards. It announces a task force on flames. It creates an office of fire awareness. It holds a press conference about historic fire mitigation targets, but the house keeps burning.
For a while it sounded like the Liberals understood the urgency. For a while there was talk of a new government and a new plan. They promised the most ambitious housing plan in nearly a century. They used words like revolutionary, transformative and historic. Those are their words, but what did Canadians actually get? They got Bill , which has nothing of what they said. It is just tinkering around the edges, more of the exact same thinking that got us to this point in the first place.
Do members want to know the headline feature of the bill? It is unbelievable. It is yet another housing bureaucracy, housing bureaucracy number four. What did the first three deliver? They doubled the price of homes. They doubled rent. They doubled mortgage costs, and they sent housing construction into an absolute tailspin. This year, we are supposed to, according to the government's own numbers, build 500,000 new homes just to keep up with demand. This new bureaucracy will add 5,000, which is a rounding error, at the cost of $13 billion, which is not a rounding error. That is $13 billion for a government that believes that if one studies a crisis long enough and writes enough reports and makes enough announcements, reality will somehow happen by press release.
Here is the truth. No one can live inside a housing accelerator. That was part of their first plan. No one raises their children in a federal task force. That was their second plan. No one calls bureaucracy home. Builders build homes. Workers build homes. Communities actually build homes. The government's job is to get out of the way rather than stand in it.
If the government is short on ideas, I will be happy to help. In fact, we are going to help it throughout this entire debate, and maybe there will be a bill that could come back to the House that would actually be supportable.
Those who get in the way cannot possibly be rewarded. Incentivize cities to actually build homes, not to do the paperwork. Sell federal land. Empty buildings, so that families can live in them. Cut the federal GST on new homes for everyone, up to $1.3 million, to get buyers buying and builders building. I know that they are thinking about that, because the plan they brought forward to cut GST for first-time homebuyers on new homes under $1 million is not working, and they know that. I invite the Liberals to go back to the drawing board. I do not really care how they do it. They just need to do it. It is not rocket science.
Clinging to ideology is a really powerful blindfold on the other side. The Liberals always just get halfway there. Sometimes we have to wonder if they are comfortable with this being the new reality, where those young people I talked about do not believe they will ever buy a home.
Maybe that is the entire plan. Maybe the plan is to give up on the dream of home ownership and have a permanent class of renters forever. The only problem is that it is not the Canadian promise. It is not how we have lived for generations. It is not how anybody wants to live. The Canadian promise was very, very simple. People work hard, they save, they play by the rules and they build a life. They do not rent that life forever.
The answer to the crisis today is that it was created by too much government interference. Certainly, we are seeing that today, but it cannot be another study or another agency. Every month that they wait with the same plan over and over again, another young person believes that the dream is not for them.
Again, maybe that is the plan. A country where people stop believing they can build a future is a country that is headed in the wrong direction. It is a country that gets hollowed out by the fact that the youngest, smartest people in our society, who really want to attain the dream that was promised to them, end up looking elsewhere.
Unfortunately, the bill that we have in front of us proves that the government still does not understand. Canadians do not need another government program that sounds good in a press release and fails in reality. The bill would not do the very things that the current government itself admitted it needed to do at the beginning of its term. A year later, we are here with yet another announcement of another federal bureaucracy run by another insider.
People need homes. We need supply. They need costs to come down. It is really not that complicated. Builders are telling the government the exact same thing regarding what is required: Get out of the way, cut taxes, cut red tape and let them build. Bill , unfortunately, would do none of that.
Conservatives believe that there is a solution to the housing crisis, but it is not bigger government. It is more homes. Until the government understands that basic fact, Canadians keep paying the price. Over the course of the last 10 years and a year of the pretend new government, with all of the same ministers sitting in the front benches and all of the same people piping in on the same exact policy, we have seen housing prices double, rent double and a payment on a mortgage double, and now we see an absolute stalling of new construction in housing.
The Liberals know the problem. They have admitted the problem. In fact, the fix that they put forward before this piece of legislation was part of the problem. Now, I know they are thinking about announcing a wider GST cut, but we continue to hear about that over and over again, and it never happens. I do not know why they did not put that in this piece of legislation. At least there would be a piece of it that we could support: a full-on GST cut for homes under $1.3 million for everyone, no matter what. They would have to do a few other things, but we could at least support that measure. Hopefully, the government will revise this legislation to include some of our suggestions on lowering development charges, cutting red tape and lowering the cost of housing, so that young people one day will be able to afford a home in this country.
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Mr. Speaker, I will share my time with the member for .
I am very proud to have this opportunity to talk about Bill , the Build Canada Homes act, and why Build Canada Homes plays an important role in supporting the Canadian economy and the federal government's buy Canadian policy.
Launched in September 2025, Build Canada Homes is a special operating agency that, thanks to its fast and effective work, has already undertaken major projects to provide more affordable housing to Canadians. As a Crown corporation, Build Canada Homes will have the flexibility and operational autonomy to fulfill its mandate and clear lines of accountability to the government. This is why the Build Canada Homes act is a decisive piece of legislation.
The Government of Canada must strengthen its ability to respond to the housing crisis, increase housing supply and accelerate innovation in residential construction. Too many Canadians are still struggling to find affordable housing. The mission of Build Canada Homes is to fast-track the construction of affordable housing. Housing costs are going up and supply is not keeping up with demand. By consolidating functions that were once spread out across multiple departments, agencies and programs, we will strengthen the government's ability to deliver real results. We know that our opposition colleagues hate it when we deliver real results, but we are going to do it anyway. Traditional approaches to construction and financing are no longer enough on their own to deliver the fast, large-scale results that Canadians need. Build Canada Homes will be a developer, a funder, a unifying force and a catalyst for innovation in the housing sector. Canadians need more homes, and the build Canada homes act will help us build faster and more efficiently at scale.
I would now like to talk a bit about the economic situation and how Build Canada Homes fits into the current economic climate across the country. Recently, the global economy experienced a change that upended the traditional world order. Canada can no longer count on its biggest trade relationship. In light of this, we have to strengthen our capacity here in Canada. We are building stronger relationships with all levels of government, be they municipal, territorial or provincial, and with our indigenous partners. We are making strategic investments to build a stronger, more sustainable and more resilient economy. We are working to cut red tape, remove internal trade barriers and pursue new agreements to stimulate local economies.
In these uncertain times, the Government of Canada is taking decisive action now to transform our nation and to make it more resilient, moving it from reliance to resilience. The goal is to make Canada one of the fastest-growing and most competitive economies in the world, ushering in a new era of economic security and prosperity for Canadians. The Government of Canada is achieving this by building on the strength of our industries and implementing measures like Build Canada Homes and the buy Canadian policy in order to invest in the future and grow our economy.
As a Crown corporation, Build Canada Homes will be funded through the initial $13-billion envelope announced in the 2025 budget. Build Canada Homes is not a program. It is an investment agency that may seek other investment and gather other financial institutions around the table. Build Canada Homes was created to centralize federal support for affordable housing, in coordination with the other departments and agencies. It is going to move swiftly, use federal lands, support innovative building approaches and establish partnerships in all sectors to build more homes.
Build Canada Homes is a key part of Canada's new industrial strategy, and it will contribute to a more productive residential construction sector. Build Canada Homes will boost the housing industry through the construction of thousands of new homes. As more homes are built, we will ensure the growth, training and support for Canada's skilled workforce while creating good-paying jobs. In addition to building new homes, we will support the delivery of critical housing infrastructure, including water and waste water systems. Build Canada Homes will prioritize projects that use Canadian-made materials, such as mass timber, softwood lumber, steel and aluminum.
It will promote modern construction methods such as modular and prefabricated housing to reduce construction times, material waste and environmental impact.
The federal government is leveraging the key relationships it has with private developers, businesses, community organizations and non-profits, and with other government and indigenous partners. By working together, we are creating job opportunities here at home and supporting the Canadian workforce. We are doing all this by building housing more efficiently and to benefit everyone: builders, developers, investors, buyers and workers.
In December 2025, we launched the buy Canadian policy, which was created to protect and prioritize Canadian industries and workers and to strengthen Canada's economy. The policy ensures that the federal government prioritizes Canadian suppliers and local content in its procurement processes. This approach applies to all federal funding sources and Crown corporations. The buy Canadian policy also provides a road map for provinces and municipalities to implement similar standards in their own procurement processes.
We have a big challenge ahead of us, and we need to tackle it on all fronts. These changes to the procurement rules will create a strong Canadian supply chain and help Canadian industries be more self-reliant and resilient in the face of fluctuations in the global economy. This policy supports Canada's construction and defence industries and applies to projects such as buildings, bridges and much more. It requires major federal construction and defence procurement projects to use Canadian-made steel, aluminum and wood.
The policy will also protect Canada's industry from global trade disruptions and foreign tariffs. Our aim is to build and strengthen our country while creating good-paying jobs and supporting major Canadian industries, such as steel, aluminum, critical minerals and softwood lumber. With the new buy Canadian policy, we are making the government a force for nation building. We are becoming our own best customer. We are protecting Canadian businesses and giving workers access to good-paying jobs that strengthen Canada's prosperity.
In conclusion, the Government of Canada is introducing legislation like the build Canada homes act to strengthen our capacity here at home. We are investing in Canadian industries and creating good jobs for young people, the jobs of tomorrow. Build Canada Homes is part of the federal government's strategic efforts to invest in our country, protect Canadian interests and make our economy one of the strongest in the G7.
By making Build Canada Homes a Crown corporation, the government will be in a better position to ensure that Canadians have access to affordable housing. Across the country, we want to build more housing quickly and efficiently using Canadian materials, Canadian labour and Canadian businesses. We want to build housing so all Canadians have a home that fits their budget and needs.
The build Canada homes act will give the federal government a bigger positive influence over Canada's housing system. Together, the investments made by Build Canada Homes, in collaboration with key partners, will help strengthen our economy and create lasting economic benefits for communities across the country.
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Mr. Speaker, I rise today to support Bill , not only as the Minister of Northern and Arctic Affairs, but also as a first nations woman and the first to have this portfolio.
However, this is not about me; it is about the communities of the north that really need to be the problem-solvers of the issues they are dealing with on a day-to-day basis, including housing. It is also about the communities I come from, Churchill—Keewatinook Aski. When we think about the generations of northern and indigenous women who have carried their families, languages, nations and communities through hardships and hope and we think about this moment, there is real meaning and opportunity in this bill.
When we think about a house, it is more than four walls and a roof; it is the backbone of health, safety, opportunity and identity. When families sleep at night, sometimes they are concerned about overcrowding. This can be exhausting when elders do not have a place to consider home as they are aging. They want to age on the lands that raised them. They want to see that children have space to study and dream and that communities can thrive. In the north and the Arctic, people have waited far too long for basic conditions most of us in the south take for granted.
When we think about moving forward from an Inuit Nunangat perspective, more than half of Inuit live in crowded housing, and in Nunavut the rate is even higher. The realities of building in the north are unlike anywhere else in Canada. There are high construction, operation and maintenance costs; short building seasons; and supply chains that rely on sealift, winter roads and air. When timing slips in the north, it is not just a minor inconvenience; it can push a project into the next season and the cost increases significantly. The delays that this puts on families are exhausting.
This is why the Build Canada Homes act matters. This legislation would transform Build Canada Homes into a Crown corporation, which would give it the independence and tools to build more homes faster and more efficiently. The bill would strengthen federal capacity to partner with northern indigenous communities, which can build faster and at scale.
We want to ensure that we use public land more effectively and use modern construction methods that fit northern realities. Build Canada Homes would help scale off-site and modular construction, which are approaches that can improve speed and predictability when weather and short seasons make on-site building difficult. It would also help bundle projects so that smaller and remote communities are not left behind. It would back Canadian lumber, Canadian steel and Canadian workers; strengthen domestic supply chains; create good jobs; and build more of what we need here at home and in the north.
We are not starting from zero. Since launching in September 2025, Build Canada Homes has already advanced six direct-build projects and secured partnerships representing more than 7,500 homes.
Last month, Canada, Nunavut and NTI signed an agreement in principle to deliver 750 new homes across the territory, including public, affordable and supportive housing. Importantly for Nunavut's short season, a portion will use factory-built components to reduce delays and deliver homes more predictably, and 25 of those homes will be delivered through an Inuit-led model, reflecting the Inuit Nunangat policy and the right of Inuit to design and deliver housing solutions that work for them and their communities.
That is the kind of partnership this bill would make possible. It is practical, community-led and rooted in indigenous leadership and northern realities. It is the kind of partnership the House should be proud of.
This bill also supports the government's broader housing agenda, which is grounded in partnership with first nations, Inuit and Métis partners, so that housing reflects indigenous priorities and builds long-term capacity.
As Minister of Northern and Arctic Affairs, I see housing as foundational to everything else, including health, education, economic participation and community well-being. I also see it as a connection to sovereignty. Arctic sovereignty is not only about maps. It is about people: whether families can choose to stay where they grew up, workers can live where opportunities are and communities can thrive on lands for generations yet to come.
The bill is an opportunity to match urgency with capacity and to replace delay with delivery. I urge all members of this House to support the bill. The north has waited far too long. With the legislation, we could help build a future where northern and indigenous families are no longer waiting for housing, but they are helping to shape it, they are building it and they are finally calling it home.
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I will be splitting my time, Mr. Speaker.
I rise today to speak not just about a bill but about a generation that did everything right. They studied hard, they worked hard, they saved diligently and they followed the rules, and yet they cannot afford a home in the country they love and the Canada they call home.
Today we are debating the Liberals' so-called Build Canada Homes act. The Liberals are calling it bold, transformational and generational, but for the young couple staring at listings they can never afford, for the new immigrant family working two jobs and still renting a one-bedroom apartment and for the tradesperson who builds homes all day but cannot buy one at night, this Liberal bill feels less like hope and more like déjà vu of the years under the last Liberal prime minister. When we strip away the Liberal rhetoric, what do we find? It is another Liberal announcement, another Liberal acronym, another Liberal bureaucracy, another federal agency staffed by highly paid Liberal-connected Ottawa bureaucrats and another Liberal promise without a target. However, one thing is clear. The Liberals are not interested in building homes. They are simply building roadblocks and a backlog while crushing the hope of an entire generation.
In my own community, I meet young professionals, software developers, engineers and accountants, who quietly pull me aside at events and say they have given up, not because they are lazy or lack ambition, but because, even with good incomes and savings, the math simply does not work. One young couple told me that they had saved for 10 years, 10 years of discipline and counting the pennies on two full-time incomes. All they want is a modest townhouse to start a family, but they are completely priced out. They tell me they have given up on having kids and starting a family because of the housing crisis the Liberal government started. Others tell me they are moving back in their parents' basement because they want to at least have some money left at the end of the month after paying rent so they can afford food and basic necessities.
This is what the Liberal housing crisis has done. It has normalized suffering and despair. What does the latest “Housing Market Outlook” from the government's own housing agency, CMHC, tell us? It tells us that things are not improving. As a matter of fact, they are getting even worse, believe it or not. CMHC says Canada needs between 430,000 and 480,000 housing starts per year for the next decade just to restore affordability and meet projected demand. What did the Liberals get built last year? It was a meagre 259,028 homes. By 2028, housing starts are projected to fall as low as 212,000 per year. That is a staggering 18% drop and 55% below what CMHC says is necessary.
The promised 500,000 homes per year. He said we needed to build at a pace not seen since the Second World War. Instead, we are building at half the pace he promised, and headed even lower. In Toronto, housing starts were down 31% compared to the previous year. In other major Ontario cities, they were down 13%. In January, in the entire greater Toronto area, only 269 new homes were sold. That is down 36% from last year. It is 80% below the 10-year average, making it the lowest level since the early 1990s. That is not a slowdown. It is a Liberal paralysis. Buyers cannot buy, builders cannot build and sellers cannot sell, and the Liberals' answer is to create a fourth federal housing bureaucracy under the so-called Build Canada Homes act.
The Liberals do not want to build homes. Instead, they are obstructing builders with red tape, choking the market with taxes and shattering the dreams of young buyers. Even when the homes eventually get built under the Liberal bureaucracy, the government's own parliamentary budget watchdog, the Parliamentary Budget Officer, the PBO, found that the Liberal bureaucracy will add just 5,000 homes a year. That is 1% of the 500,000 homes the Liberals promise. The Liberal himself admitted there are no top-line targets set for the number of homes to build. Really, no top-line targets? Imagine telling a 35-year-old, who feels like time is slipping away, that the government has no concrete goal.
The only thing bold about the government is the speed of its failure, and the transformation Canadians are witnessing is the transformation of hope into shattered dreams. This made-by-Liberal crisis is visible in every metric. CMHC itself says many households will delay buying homes and choose to rent longer as prices continue to rise over the next three years. Let us think about that. The government's own housing agency is effectively saying young Canadians have to wait longer, but pay more. For renters, the story is just as painful. Average two-bedroom rents rose another 5% last year after more than doubling under the last Liberal prime minister. In the GTA, someone earning an average income must spend 42% of their after-tax income just to afford a one-bedroom apartment and it is two-thirds of a minimum-wage paycheque just to rent a studio.
Canadians are suffocating in the Liberal housing hell. A report showed that more than half of first-time homebuyers who intend to purchase in the next five years believe home ownership is completely out of reach. We wonder why young Canadians are delaying marriage, delaying having children and moving back home. Many are leaving their communities and the country entirely.
We also need to be honest about what caused the Liberal housing crisis. Over the last decade, municipal development charges have increased by 700%. In Toronto, buyers now pay over $130,000 per apartment just in municipal taxes, and nearly $98,000 per condo in Mississauga. For single-family homes, Toronto and Markham charged over $180,000 per home, and $135,000 in Mississauga. Those are taxes before we even pour the foundation or lay a brick.
The Liberals promised during the election to cut these development charges by 50%, and as we can expect, they have broken that promise. Instead, they sent hundreds of millions of dollars to cities without strings attached, including nearly $400 million to Metro Vancouver, even as some regions now plan to triple development charges from 2024 levels. Developers warn that this will add tens of thousands of dollars to the price of a unit and slow down construction even further. Liberals are spending taxpayer money but delivering opposite results.
At the same time, the Liberal industrial carbon tax drives up the cost of cement, steel and glass. There are Liberal taxes on materials, taxes on permits, taxes on land and Liberal taxes on investment and reinvestment. Then, the Liberals think introducing a new federal agency will somehow solve the shortage those taxes and red tape helped create. When a country run by the Liberals makes it harder to build a home, it should not be a surprise when it becomes harder for Canadians to build a life.
It already takes the federal government nine years to dispose of surplus property, yet now the Liberals are considering acquiring private land, even as they cannot effectively build on the land they already own. The PBO found that under the Liberals' own affordability formula, a two-bedroom unit would cost $2,168 per month for the median household, which is nearly double the $1,100 national median market rent. Even their so-called affordable Liberal-made housing stretches affordability beyond reason and reality.
After 10 years of Liberal strategies, funds, accelerators and announcements, the Liberal housing crisis has become a Liberal housing catastrophe. Between 2011 and 2021, home ownership among young Canadians aged 30 to 34 fell from 60% to 52%. The decline is even steeper for younger cohorts. From 2019 to 2024, for every 100-person increase in the adult population, there were only 12 housing starts intended for home ownership, less than half the rate in earlier decades. Canadians see what is happening. A staggering 87% say they are concerned about the state of housing today, including 90% of gen Z and millennials.
The Liberal housing crisis is reshaping our communities, with 69% of Canadians saying that affordability is changing who can live in their neighbourhoods, and nearly half of young Canadians have considered leaving their city or province because housing costs are simply too high. This is not a market imbalance. It is a generational warning sign. Imagine doing everything right in life but not being able to build a life. That is what the Liberal government has done to the psychology of an entire generation.
Conservatives have sounded the alarm on the lack of housing supply for years. The Liberals have finally admitted that there is a problem, but they have not yet admitted that they are the problem. It has gotten so bad that 38% of builders report that they or their subcontractors have had to lay off workers because of market conditions. In 2020, 69% of housing starts were intended for the ownership market, with 31% for primary rentals. By 2025, five years later, the share for ownership had dropped to just 49%, a dramatic shift away from homes that families can actually buy.
Even more troubling is that 86% of builders now express concern about their business surviving the next 12 months, and 27% are extremely concerned, up sharply from 16% in late 2023. When the very people who build our homes are laying off workers and fearing for their survival, it is clear that this housing crisis is not just hurting buyers but is also crippling our workers and the economy as well.
Canadians do not need another Ottawa-based housing czar spewing Liberal rhetoric and propaganda. They need results and hope. That is why Conservatives have put forward a real plan. We will cut the GST on all new homes under $1.3 million, saving families up to $65,000 and unleashing new construction. We will tie federal infrastructure dollars to housing approvals. Municipalities must permit at least 15% more housing each year, and we will cut development charges by 50%. Finally, we will end capital gains tax on reinvestment in new housing to unlock billions in private investment.
Young Canadians are not asking for another agency. They are asking for a chance: a chance to save, a chance to buy and a chance to build a life. The Canadian promise used to mean something simple: Work hard, and one day one can own a home. Under the Liberals, that promise has been broken.
Let us stop building bureaucracy and start building homes. Let builders build so young Canadians can finally build a life. Hope has not faded for Canadians yet. It is just waiting to be rebuilt.