Thank you so much, Mr. Arora.
I was shovelling my walk this morning—it took a really long time, just to let you know—and my neighbour asked me, “What do you do again?" I told him that I was going to be on the finance committee and we were going to talk about inflation. He said, “Make sure to talk about housing. The prices are too high.” So on behalf of my neighbour and I think many Canadians, I will ask you about housing. I think Mr. Poilievre also started off on this.
We as the federal government, since we came in in late 2015, have been spending an exorbitant amount of money on really making housing a priority. We introduced a national housing strategy. Is it too soon to see the impact of our spending on home prices and the availability of housing? That's my first question.
Then there's the fact that many people use housing as an investment, or actually as a pension. Is that in any way somehow incorporated into or reflected in the numbers that you present in your year-end report?