October 4, 2023
Mr. Peter Tabuns: The Toronto Star this morning reported drops in housing starts, with more drops expected, notwithstanding claims made by the government. This is dire news. It’s bad for all. It’s very bad for tenants of corporate landlords who are being mercilessly squeezed.
A constituent wrote to me the other day about the 5.5% rent increase she and others in her building are facing. As she said, “Our salaries are not increasing. Many of the people in our building are on Old Age Security, CPP or on social support.” They can’t afford an increase like that. She noted that units two years ago in that building rented for $1,300 a month and are now going for $2,000 a month.
It is no wonder that tenants—people, generally—trying to deal with the housing crisis are facing those really difficult decisions about having a roof over their head or buying groceries regularly. It’s no wonder that when I go to food banks in my riding at the invitation of those who are running them that I see large numbers of people.
Speaker, we need action on housing. We need a restoration of rent control with the end of that practice of having unlimited rent increases when a tenant moves out, we need a ban on above-guideline increases and we need substantial direct government investment in housing. People are hurting. We need the action now.