Mr. Speaker, after nine years, the “Liberal Bloc” is not worth the cost of housing.
Rents, mortgage payments and down payments have doubled. The good news is that a Conservative government is going to axe the federal sales tax on new homes sold in Canada. This tax cut will save homebuyers $40,000, or $2,200 a year in mortgage payments, on an $800,000 house.
This tax cut will spark 30,000 extra homes built every year and give a break to buyers struggling to find housing. Our Conservative proposal has been hailed by the Corporation des propriétaires immobiliers du Québec, the Quebec landlords' association, as “a step in the right direction” that will “lower housing costs”.
It is clear that only common-sense Conservatives will bring home Canada's promise that hard work earns a powerful paycheque that buys affordable food and homes in safe neighbourhoods.