Again, is it the point for the system to provide subsidies based on the values, so that if you have an expensive home you get a lot of subsidy? Normally, the answer would be no.
Assuming that away, I would say that the point you're making has some validity, but the discrepancy is not nearly as strong as the discrepancy in these numbers. In other words, if you look at the value, owner-occupied housing in this country might be worth 80% of the housing stock and rental 20%. You have your 60:30 split of ownership, an 80:20 split in value, and you have a 93:7 split in subsidies in tax expenditures.
That's what we're saying isn't really right and should be addressed—perhaps by the back door, not by the front door, as my exchange with Mr. Mulcair suggested.