In our view, intergenerational balance means meeting the needs of the public. Many needs of the public are partially met. I said this earlier.
Let me tell you what we think. Take the example of housing, which we heard about earlier. In our view, affordable housing should receive as much investment as possible. However, to make housing affordable, historically the best approach has been to invest in non‑market projects, such as co‑operatives or non‑profit organizations, or NPOs, that own housing. This might prevent a situation where only units that cost $2,000 or $2,500 a month are on the market. This represents a significant example of a potential investment to support workers.
By raising the capital gains inclusion rate, the government is acting a bit like a Robin Hood. It's taking money from the richest 0.1% or 1%, as I said earlier, and using that money to provide Canadians with affordable housing. We know that this is a priority. This example shows how the new revenue can be used.
There are other examples, including the creation of programs such as dental care. These things help people in general, but they require revenue. This shows how the revenue can be used for public benefit. It's about meeting the needs of the public in general.
CSN members earn, on average, an annual income of around $50,000. For some, it's difficult or even impossible to pay $2,000 or $2,500 a month for housing.