It's no secret that I never understood Build Canada Homes or why the agency was created. I don't understand how it's going to move forward to accomplish very much in the end, because we had existing bureaucracies that could do the same thing. We had Canada Lands Company, and we had CMHC, which runs splendid programs in those areas.
We have to also understand really clearly that there's absolutely no home that Build Canada Homes will develop that will ever be sold to a Canadian. This is social housing and purpose-built rentals. There's never going to be a home for sale that comes out of Build Canada Homes, and that's my entire critique.
The greatest thing we could do in Canada is make it possible for more younger, middle-income people to buy homes in places they want to live. It is a good idea to develop smaller centres, but why would we want to insist that young Canadians move far away? You can't live in Burnaby anymore. You have to go way the hell to somewhere else. You can't do it, because it's just too expensive, and it will be too expensive forever.
That's my problem with the whole approach. Yes, more social housing is a great thing, because people who have problems need housing, but it's not helping young people buy homes.
