Mr. Speaker, I always appreciate the member for Brampton East's contributions to the House. He talked about the aged 20-somethings. We have heard from Dan Kelly of the CFIB that because of these kinds of increases, employers have already said that they would reduce hours or not hire. That would hurt the 20-somethings the most. Even if they are working, they would not be able to pay as much toward their student loans. They will not have as large a tax-free savings account because of the government's action, and they will not be able to put that money aside for a house. His government has also made it more difficult for young people to get into the market by pushing down the amount they can qualify for. They will have less money to pay for their student loans and less money to put down for a down payment. We know that home ownership is an important investment, It helps to provide not just housing but financial security for seniors. Why is his government not thinking of the 20-somethings?
In the House of Commons on October 24th, 2016. See this statement in context.