Thanks, Chair.
I just want to add to what Mr. Kelly was saying. I agree with him. As someone who came from the housing industry, I think what we've seen.... The track record of the Liberal government has been a lot of grand announcements, as Mr. Kelly said, but no follow-through.
They created a fourth housing bureaucracy when the first three didn't work, so we, along with Canadians, are very skeptical about anything that they have been doing. They've spent, I think, more than $90 billion of taxpayer money on housing so far, and housing starts are going down, according to their own housing agency.
As housing starts are going down, housing affordability has gone, and young people are locked out of housing because of Liberal spending. Mortgage costs are out the roof, and interest rates are still high. It's impossible for young people to get into housing, and anything that they've tried is just spending more money, which means future generations are having to pay for something, but youth are not getting into homes. In fact, even on the new housing bureaucracy, the PBO said that it's barely going to make a dent. I don't think it's going to touch even 10% of what they claimed. It's just following the track record of this government of spending a lot of money with no results.
This amendment would just provide more clarity because we keep hearing all these announcements. It's “We've done this,” but at the end of the day, it never really makes a change in Canadians' lives. We're just asking for more transparency and accountability for another couple of billion dollars that the government is spending to supposedly fix housing when housing has broken in this country under them.
