Mr. Speaker, the issue of lower interest rates is another very good point. All this shows encouragement for many, especially for young people and newcomers to this country. They can now start thinking about the purchase of a home. This really shows what we are able to offer Canadians, and it improves the quality of life. This is our country's success.
We know that low interest rates create a very hot market. I am from B.C. and in Vancouver I know it has created great competition for many houses. More important, this enables many young people and many families to have better housing.