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Finance committee  You said it: The non-market housing sector, co-ops and non-profits are ready. They know what to do. The business acumen exists. We do need the political will, but we also need the alignment of all levels of government to make it happen. We also need an all-of-government approach.

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  Thank you for that. I think when we're talking about an acquisition fund as well, we really need to expand it to non-profit seniors' apartment buildings. Seniors' housing and the financialization of seniors' housing and long-term care is something I'm really concerned about. We'

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  I hope I understood your question appropriately. Housing is multi-jurisdictional and my report on encampments has called for a national response plan to be put in place by August 31 that includes representation from all levels of government. It needs to be led by the federal gove

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  I'm sorry, but I didn't understand your question.

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  One is to properly tax REITs, which I believe are not taxed. The government has done a study on this, and we must deal with the issue as soon as possible. A measure like this would ensure that investment in housing is less attractive to investors.

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  First of all, the committee has already heard from Maureen Fair, the executive director of West Neighbourhood House, about the need for maybe considering tax forgiveness for private firms that sell their buildings to non-profit and public entities. Also, according to Jill Black,

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  Absolutely not.

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  First, an inn is not housing. That's not a solution. This type of housing exists to respond to emergencies. We really need to focus on investments in housing. In the regions you mentioned, a lot of housing has been converted to Airbnb rentals. This is more financialization. Meas

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  Absolutely. Then we're able to get some solutions and be aligned on that because we need an all-of-government approach. It can't just sit on the shoulders of the federal Minister of Housing.

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  Yes, absolutely. An acquisition fund is a way to ensure that housing that is already affordable will remain affordable. I think the other people on the panel can speak to this as well. We can't buy and build our way out of this housing crisis because, as Ray had mentioned, we

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  Well, I would encourage everyone to read the report on encampments that I just released this week. To answer your question in a simple way, absolutely the visible homelessness in this country has risen. It's not just in large urban centres. It's in remote and northern areas as w

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  It is mostly the cost of housing that is the big factor. That was a factor long before the pandemic. It's just gotten worse. Everyone I've met in homeless encampments is in the encampments because they don't have a safe place to go.

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  Anyone who goes to the grocery store and looks at the prices will see that groceries have also greatly increased in price.

February 15th, 2024Committee meeting

Marie-Josée Houle

Finance committee  First of all, the right to housing was enshrined in domestic law in 2019 in the National Housing Strategy Act. The onset of the housing crisis in general in Canada has been long in coming over the past 30 years because we're doing things backwards. We're doing things from the top

February 15th, 2024Committee meeting

Marie-Josée Houle

February 15th, 2024Committee meeting

Marie-Josée Houle