I would agree with you that the scale of the problem is absolutely massive. There's no doubt about that, and I appreciate that you understand that.
The builders in the GTA have told us loud and clear, though, that rebating the GST only for first-time homebuyers is not enough of a market to start projects again. They don't make up enough of the market. The builders have said over and over again, as have people like Mike Moffatt, that we need to cut the GST on all new home projects to help get the market going again.
You agree that the scale of the problem is massive. You've just told me that you agree. You think the municipalities in Ontario should tap into their development charge reserves. I agree.
I think we should cut the cost of government at all levels, including cutting the GST on all new homes. Why won't you make that move?
