Mr. Speaker, the Liberals' one-size-fits-all mortgage stress test has blocked 147,000 Canadians from the dream of home ownership. To fix their big-government mistake, they are proposing a big-government solution of shared equity mortgages.
The finance department claims that up to 100,000 Canadians will be helped. They said that CMHC told them so; CMHC says the department gave it that number. The CMHC boss says this program will work on the margins; Liberal MPs keep claiming it will be transformational.
Will the Liberals admit that when it comes to housing affordability, they are making it up as they go along and young Canadian families are paying the price?