moved that Bill C-227, An Act to establish a national strategy on housing for young Canadians, be read the second time and referred to a committee.
Mr. Speaker, it is a real pleasure for me to speak, at second reading, to Bill C-227, an act to establish a national housing strategy for young Canadians.
It is rare in political life to get a second chance at a good thing, but I am happy to say I have had that chance with the bill that is before us. As I mentioned during first reading introduction, I introduced a similar bill into the Nova Scotia Legislature almost exactly three years ago, on October 19, 2022. I checked the date today. In the three years that have elapsed since that time, the issue has certainly not gone away. It has remained a significant area of concern both in Nova Scotia, my home province, and across this country. That is the reason I brought it forward, and I hope it will be passed.
As all members know, and as I think all Canadians know very well, housing is not just a roof over one's head; housing is so many other things. It is one of the key social determinants of health. For physical health, having a roof over one's head is very important. For the mental health of Canadians, the peace, comfort and stability that comes from knowing that at the end of the day, whether it has been a rough day or a great day, no matter what, we get to go home, is huge.
Housing is obviously incredibly important for job prospects, financial security, the ability to have and raise a family, and the ability to take care of siblings, friends, neighbours or aging parents. It is essential to so many aspect of our life, and that is why it remains such a key issue and one in particular that affects young Canadians. The bill defines young Canadians as those between the ages of 17 and 34.
Do not just take my word for it. If we look at StatsCan reports from 2024 of Canadians experiencing housing challenges, we see that only 36% of them reported high life satisfaction, being happy, to put it simply. By comparison, 70% of people who do not have housing challenges reported high life satisfaction. It goes without saying that housing is critical, and it is an issue all members of the House agree on, evidently. It is something brought up in the House very regularly, and I hope it is something we can see as a relatively non-partisan issue as I put the bill forward.
The structure of Bill C-227 is fairly straightforward and easy to follow. Basically, the bill identifies three things that the government must do. As I said, the first thing would be the creation of a national strategy to address the housing needs of young Canadians, those between the ages of 17 and 34.
The strategy would be informed by consultation with provinces, territories and municipalities, because housing is an issue that has elements in all three orders and levels of government, and if all three orders of government do not work together effectively, we will not solve the problem for anyone, let alone for young people. Provinces, territories, municipalities, indigenous organizations, non-profit housing providers and for-profit developers, the entire spectrum of the housing continuum, must work together.
Again, the proposed strategy would touch on all aspects of the housing spectrum, from homelessness, which of course we know is an issue across this country in urban centres, suburban areas and rural areas, to crisis shelters and transition shelters, as well as to subsidized housing, market rental housing and up to entry-level home ownership, which as we know, is the gateway to wealth creation in this country and has been for many decades.
The strategy would be comprehensive. It would not be narrowly focused on any one particular element of the housing market but on all of them, to make sure there is a holistic response to the issue. I should have mentioned co-op housing as well, a really underutilized solution to our housing crisis.
Just last week I was in Halifax to attend the opening of a new neighbourhood, Unity North in the north end of Halifax, with 57 units of co-op housing. It was amazing to see the pride, the sense of community and the joy on everybody's face for the 200 or so people who are living in those affordable, safe, clean and wonderful places to live, as well as to consider all the benefits that will flow from that.
The bill calls for the minister to hold at least one conference with the stakeholders that I laid out, to really get down into the details of the strategy.
The bill also has clear timelines. No matter what government program we are talking about, timelines and measurables are very important. The bill would ask the minister to return to the House within 18 months to table a report with recommendations on how we can move forward, to make sure that young Canadians, not just now and not just 18 months from now but for years and years into the future, are able to be supported and that they are able to fulfill the dream of affordable housing to live in, to own and to have for the rest of their lives.
Beyond the 18 months, there would be a requirement for another status report on how things are going, four years subsequent to that. That is an important piece. I know that opposition members, as they should, care about accountability and timelines, and this timeline is in the bill, beyond the life cycle of any one government, to make sure that no matter which party is in government and no matter where we sit in the chamber, we are making sure that young Canadians and their housing needs remain central.
I would also like to thank the wide range of stakeholders that have helped inform the bill over the preceding few months, that have helped to improve it and that continue to do incredible work across the country on the issue of housing, particularly for young people.
I met with Students Nova Scotia last week, at the great institution of higher learning in Nova Scotia, Saint Mary's University. Other stakeholders include Studenthaus, the Affordable Housing Association of Nova Scotia, and Generation Squeeze out of the University of British Columbia, led by Dr. Paul Kershaw, which is doing really amazing work on issues confronting young Canadians, housing, of course, being very much at the centre of its work.
There is also the Canadian Alliance of Student Associations, as well as many more groups and, of course, perhaps most directly of all, the young Canadians whom I have met during my time as an elected official and during my campaigns, when I knocked on doors. There is no form of democracy more direct than that. There is no better way to learn what issues people are facing.
When I was out knocking on doors just a few weeks ago in Lower Sackville and in Bedford, in my riding, I heard, as I am sure other members heard as well, the concerns coming from young Canadians. While there are concerns, justifiable ones, which is why the bill is here before us today, there is also optimism, resilience and hope. That is what young people are known for, and they are still like that. I think they should be, because the bill and many other efforts we are taking as a government are designed to make sure they have housing now and into the future.
When an issue presents itself to us, there are two ways we, as elected officials and politicians, can respond to it. One way is to try to apportion a blame pie and blame this group for that and that group for this. I understand that impulse. A year ago, I was an opposition member of a provincial legislature. I know that the job of opposition parties is to hold the government to account, to raise issues; that is 100% legitimate. That is what they are designed to do.
However, in my view, opposition cannot and should not devolve into nothing more than the airing of grievances, the pointing of fingers, and the idea that there is a problem and therefore we should look back and try to figure out whom to blame for it, and stop there. I do not think that is a practical, pragmatic or serious way to approach an issue. I hope, on this bill in particular, which as I said at the beginning, I see as a relatively non-partisan one, we can treat the issue as one that deserves serious study and deserves the optimism, hope, resilience and ambition of the young Canadians I am hoping to help with the bill.
I would not sit here and say that Bill C-227 alone would solve the problem. I think we need more humility in the House, so what I would say is that it would complement a lot of good, existing work that is going on right now.
I will highlight a few things. The national housing strategy, which was launched in 2017, is a $115-billion program that goes until 2027-28. Another really important initiative, which was done under the previous government, is the first home savings account. It combines elements of an RRSP and a TFSA to allow Canadians, disproportionately young Canadians, of course, to save for their down payment on a house. We know that in many cases that is the single biggest barrier to home ownership. That program has been very successful with great uptake, and I expect that will remain the case for some time to come.
The housing accelerator fund has had positive impacts. In my own region of Halifax, there are cranes all over the city. I think the housing accelerator fund pushed things in a positive and constructive way, not pitting levels of government against one another. It led to changes in municipal bylaws, programs, planning rules and regulations, which at times, in my view, were too cumbersome and time consuming. Absent intervention from the federal government with the housing accelerator fund, I do not think those changes would have happened in as timely a manner. I think that was very positive as well.
Most recently, of course, we began Build Canada Homes, a signature commitment of our government. The goal is to build half a million homes a year in this country, with $13 billion of initial investment, and to look at different ways to build homes, such as prefabricated homes and modular homes. When meeting with businesses in my riding over the last number of weeks, I could see they were excited about the possibilities from Build Canada Homes. Non-profit housing providers in my riding and across the country are interested in how they can leverage Build Canada Homes to make sure that Canadians, young Canadians in particular, who may need additional support have it through an agency and at a scale that we have not seen since the end of the Second World War.
If someone were to go to Halifax and drive up Bayers Road toward the Halifax Shopping Centre, they would see, on either side of the street, homes built in 1946, 1947 or 1948, post-World War II, that people still live in today, 80 years later. They provided safe, affordable housing for many young people at that time, and the goal of what we want to do with Build Canada Homes is make sure that possibility continues. I know that in my riding, many organizations are excited to make that happen.
As I said earlier, this problem is not going to solve itself. This problem is not going to be solved overnight, but there are positive signs of progress. In many cities across this country, we are now seeing rents stabilizing, in some places beginning to fall from levels that were, frankly, unsustainably high. There is no question about that. Home prices in many markets have started to stabilize as well. Home starts, which are a key metric, were up 14% in September, year over year.
What I would say to members of the opposition from all parties is that each and every one of us has thousands and thousands of young Canadians in our ridings. We knock on their doors. We see them at the coffee shop. We see them when we are out and about in our ridings, and they have a consistent concern around housing. This bill does not solve that problem in and of itself. What it does is it puts a stamp in the ground that this government, this Parliament and all parties want young Canadians to have safe, affordable housing that will give them entry into the home ownership market so they can build a future for themselves, whether they are in Nova Scotia, British Columbia, Northwest Territories or any point in between.
With that, I want to thank all the stakeholders who helped me craft this bill. I look forward to questions.