I can, for sure, and thank you for the question.
Clearly, one challenge with housing is the current macroeconomic environment. That's why our government is there with support for financing. We want to make the math work for home builders, and that's what we've done.
Professor Moffatt estimates that lifting the GST on purpose-built rentals will lead to between 200,000 and 300,000 more homes being built. The apartment construction loan program, which we topped up with an additional $15 billion in the fall economic statement, will lead, in its entirety, to 100,000 homes being built.
Before the fall economic statement, we announced an additional $20 billion in the Canada mortgage bond financing program. That is going to lead, over the next five years alone, to another 150,000 new homes being built.
You spoke, Ms. Dzerowicz, about the structural obstacles to new homes being built. I think we all agree that there is red tape. There are restrictions on zoning that, as a country, we need to work together to lift.
That is where the housing accelerator fund comes in. It is a fund that allows us to work collaboratively with municipalities across the country to help them design tailored measures that work for their communities to get more homes built faster, and it provides financing to help them do precisely that.
I'm very glad this fund is being rolled out quickly and aggressively across the country. Already, more than 100,000 new homes will be built through this fund. Constructively and collaboratively, we're going to keep on reaching agreements with municipalities across the country.