Finance committee  I have a couple of key observations. First, I think that what one would aim to do is make a tax shift that benefits the vast majority. How could we get 80% or 90% of Canadians better off, either by paying lower taxes or receiving larger benefits from government investments? Tha

Finance committee  There are a range of policy mechanisms that could facilitate that. One of the things we definitely want to do is to defend against the risk that someone who has a high-value home but a generally more modest income would suddenly need to leave their home. What you would do is th

Finance committee  There are a range of ways to consider it. In any format, it's likely that either provincial or federal governments would need to be collaborating with the provincial housing authority, which already assesses everyone's homes on an annual basis for the purpose of collecting proper

Finance committee  Yes, that's a great question. I don't think I've ever been asked it in quite that way before. I don't think we've ever supplied that kind of precise answer. If that's something that your party is interested in considering, I'd be delighted to follow up. I would be prepared to cre

Finance committee  We should be very careful about the optics. I know that's a really good slogan for a campaign that may happen later this spring or next year, but that is not in any way accurate. No member—

Finance committee  This is something that I think is gaining momentum among a range of parties federally, and with good reason. A tax shift would be about how we want to, generally speaking, raise more revenue for governments by putting more tax on things we want less of and less tax on things we w

Finance committee  I tend to interpret people who talk about a home equity tax and not having a home equity tax right now and are talking about introducing that as talking about taxing capital gains. We already have a strong tradition in Canada of taxing property values. We do that in every city ac

Finance committee  That's a really interesting question. I also will take a step back to when you were asking Mr. Tremblay about other policy areas we were considering. Just to have that on the record, we're looking at public finance generally, and that actually does coordinate quite well. As for

Finance committee  Thank you very much. As a reminder, I'm a policy professor at the UBC School of Population Health and founder of Gen Squeeze. Gen Squeeze is a force for intergenerational fairness to improve Canadian well-being. It is powered by the voices of Canadians in our 20s, 30s and 40s

Finance committee  I prepared five minutes, for what it's worth.

Finance committee  It's a valuable tool. It's one minor tool in the tool box. Will it be sufficient? No. Do we need to go considerably further to address some of the broader root causes? Absolutely yes.

Finance committee  We absolutely need to regulate short-term rentals so that we keep our housing supply available for locals as opposed to visitors.

Finance committee  Well, we already do that in this country. For sure we already tax property. I would suggest that it would make more sense to us to shift to taxing high-value properties more so we cut taxes to earnings for low- and middle-income earners.

Finance committee  That's a great question. I could read to you the email I wrote when applying to the solutions labs. This was my applying to CMHC.

Finance committee  One of the people who had been most eloquent talking about generational equity, housing and wealth had been Evan Siddall. As I was looking for partners to develop the solutions labs, I reached out to Evan and asked if he would be interested in partnering, and also, given that I w