Again, for added clarity, I had not suggested that the government announced this particular measure as a catch-all solution to the housing crisis.
I referred to the since-abandoned program in 2019. I make the contrast here. The important reason that's relevant is that, in that case, they just abandoned it after such a strong and forceful announcement on it, and the point is that we need to be able to track where this government lands and who takes them up on the things they announce.
This particular piece is one that the Conservatives.... I support it. It's not that we think that the grace period under the homebuyers' plan is a bad idea, but they estimate the cost at $42 million. We have seen already, just last week, how quickly their assumptions go off the rails when we had reports from the Parliamentary Budget Officer, for example, that stated, a little over a month after the finance minister tabled his spring economic statement, that his numbers were already billions of dollars off on his deficit calculations.
We just want to add transparency and add reporting requirements for the government, because I think it will make them able to make better policy decisions. Any government of any stripe will make better policy decisions with better information.
