From the outset, I would have been inclined to support Ms. Gray's motion, but I have a question about it. We may disagree on some of the arguments, but they are essentially true.
In 2023, new housing construction declined. We are talking about a housing crisis, which is a priority for everyone. We see that, in 2023, there was a drop, and it is true that no housing was built. However, the housing accelerator fund has been in place since 2022. In concrete terms, nothing has been built. Agreements are ending. They are still being signed, but no changes have been made.
I agreed with that strategy and I have already said so to CMHC representatives. This strategy is spread over 10 years. There is a housing crisis, half a year has gone by and all we see are difficulties. How are we going to adapt? These are good questions.
The amendment that Mr. Fragiskatos has put forward is to wait until the new president of CMHC is appointed. When will he be officially appointed? How much longer will that take? It also proposes adding co-ops and affordable housing. I think there needs to be a broader definition.
I would be inclined not to go with the new proposal and to go with the original proposal.