Mr. Speaker, indeed I am proud to be here as part of the blue team. It is always an honour to stand in this House and to debate some of the legislation that is before us. Today we are discussing Bill C-56, the affordable housing and groceries act. First of all, I have to congratulate the leader of the official opposition who tabled his bill, the building homes not bureaucracy act, of which the Liberals lifted part and implemented it here through Bill C-56.
I also have to congratulate the member for Bay of Quinte for his private member's bill, Bill C-339, which was to amend the Competition Act by further defining the efficiencies defence under the Competition Act. Of course, that was also lifted by the Liberals and put into Bill C-56.
I guess it is true, as Oscar Wilde used to say, that imitation is the sincerest, and I would say the greatest, form of flattery. For the Liberals to take Conservative legislation and put into their own government bills is a form of flattery, and it is one that I think we should really recognize. This is Conservative ideology that the Liberals are implementing here.
I think it is also important to point out that the Liberal government is all out of ideas. It has been eight long years. The Liberals are tired, they are weary and they do not have anything else to bring forward, so they are now going to be going through all the private members' bills that the Conservatives have laid before this House and they are going to be lifting parts they can use of the great ideas the Conservatives have. They are going to put those into their own legislation going forward.
I am looking forward to what else is going to be coming forward from the government. When it comes down to the issues of grocery prices and housing, they have no ideas, and for the eight years we have been watching, things have gotten harder for Canadian families. It has gotten tougher for Canadians to live that major Canadian dream, which is to own their own home, but millennials and young Canadians just do not have that opportunity.
After eight long years, we have mortgage rates that have now gone up to the highest levels in 30 years. We have seen mortgage rates increase 10 times. The Bank of Canada preferred rate has gone up 475 basis points. Rent in this country on rent a two-bedroom home is going to cost, on average across this country, $2,339 as of last month. Canada now has the most expensive housing market in the world, with some communities like Vancouver and Toronto by far the most expensive places to live, and incomes have not kept up with the cost of living.
It is said that societies often come to the brink of collapse when things like putting food on the table and a roof over one's head exceed 75% of one's disposable income. That is what is happening under those Liberals and their mismanagement of our economy and our government. They are really making it impossible.
We talk about the Canadian dream. When I was 21 years old I took out my first mortgage, under the Liberal Pierre Elliott Trudeau government, and paid a 21% interest rate on that mortgage. It is like father, like son, and now we have again out-of-control interest rates, out-of-control inflation and a government that is running up these massive deficits, contributing to inflationary spending. We are in a situation where those millennials and young Canadians are now not doing what we did, taking out a mortgage and paying it off over 25 years. They are taking 25 years to save up for the down payment to go out and buy that new home.
We always talk about how this is impacting our young people, those millennials out there and the 30-somethings who are still living in their parents' basements. It is also impacting seniors. Edna in my riding wrote to me, and said, “Now, everything costs so much more. Many seniors are suffering and don't have the means to get help”. She was talking about her mortgage and insurance on her house, the meagre life insurance she pays for, all the utility bills and her groceries, and she cannot make ends meet. This is in Manitoba where, compared to the rest of Canada, rental rates, mortgage rates and housing prices are still relatively affordable compared to Ontario, B.C., Atlantic Canada and Alberta, yet she is struggling to get by.
What the Liberals are planning here is to give a GST holiday to wealthy landlords who are going to go out and build more rental units. There is no classification on whether this is affordable housing, but they are going to make sure that these are homes that people can afford to live in on their income. They could have looked at what we were proposing. I welcome the Liberals to plagiarize more of the Leader of the Opposition's bill, the building homes not bureaucracy act.
On top of removing the GST over the next five years on new home builds, why do the Liberals not make it easier for all developers so they can build more single-family homes as well make sure we are out there to support the people who want to buy their first home, not rent, whether it is a condo, a multi-family unit or a single home in a new development? Let us make sure that all developers, not just the landlords who are out there, are going to be able to get the GST holiday.
Let us make sure that we are also taking away the bonuses paid to bureaucrats who are part of the problem right now in creating the red tape. I am talking specifically about the bonuses that were paid out to Bank of Canada and CMHC executives. There was $26 million paid out in bonuses to CMHC executives who, in my mind, are part of the housing crisis as they are not addressing it well, and the Bank of Canada executives got $20 million in bonuses. Again, this is the Bank of Canada that keeps increasing the interest rates to try to balance off the inflation that was created. The Liberals printed more money for this bank to borrow and the government continues to use that money to run up these huge inflationary deficits.
The current Prime Minister has now run up more national debt than all prime ministers before him going right back to Confederation. That to me is a crisis. It is about passing on debt to our children, our grandchildren and our great-grandchildren. We are talking about intergenerational abuse because of the misappropriation of funds by the government and the lack of investment in the future of this country, which is making it tougher for Canadians.
I have to say if we want to talk more about what the Liberals can take and lift out of the Leader of the Opposition's bill, let us make sure we also talk about getting rid of the gatekeepers by incentivizing municipalities to actually build more homes and doing away with all the red tape that is stopping them.
We want to make sure that we take all the excess land and buildings the Government of Canada owns and convert them into housing.
Let us not stop there. If the Liberals want to take another Conservative policy and plagiarize it, I welcome them to axe the carbon tax. If we want to talk about groceries, which this bill has actually nothing to do with, let us talk about taking away the inflationary carbon tax because it is making food more expensive. I am a farmer. My friend from Dauphin—Swan River—Neepawa is a farmer. My friend from Portage—Lisgar is a farmer. We were all a bunch of farm kids growing up and are proud of it. When we tax the farmer who grows the food, tax the trucker who transports it to the processor, tax the processor who makes the food, tax the trucker again to get it over to the grocery stores, and then the Liberals not only charge the carbon tax on the grocery stores, but penalize them, fine them, then pass that on to the consumer as well, it means we all pay more for food.
Let us make sure that the Liberals continue to make use of good, Conservative policy, that they do away with all the destructive and wasteful spending on their side and do more to work with our side, follow our lead and take our examples, because then they will make a difference. If they do not, I promise all Canadians they will have a chance to pass judgment on the government, get rid of the Liberals, and bring in the common-sense Conservatives for a better and brighter future.
