Thank you, Julie.
Daniel's children asked me where I live. I can tell them I live in Toronto. Julie—who just asked a question—has a riding right next door to mine.
I absolutely agree with your judgment about the priorities of your constituents. My constituents would say the same thing. It is housing, housing, housing. That's one of the reasons that anyone around this table who purports to care about Canadians needs to act with alacrity to pass this legislation. In addition to the essential two clean tax credits—which are actually of particular value to Alberta, as I heard in Calgary six days ago—the fall economic statement included significant measures, and Bill C-59 will pass them into law to get more homes built faster.
Here are some of the things we're doing.
The housing accelerator fund has $4 billion, which is money to do deals with municipalities across the country. It's going to help build 100,000 homes. As you know very well, Toronto has a deal under that fund.
We are removing the GST from new rental housing, including, in this bill, for co-operative housing corporations. It's so important. It's going to get more homes built faster. I think all of us can support co-ops for what important permanently affordable housing they create and what wonderful communities they create as well.
We have investments in low-cost financing for rental construction. That is going to help build 30,000 more homes per year. The apartment construction loan program, to which the fall economic statement added $15 billion, will help build another 30,000 homes.