Mr. Speaker, I thank the member for her comments, especially the one about affordable housing. I was wondering if she was aware that back in 1998 the Liberal government put aside $2.2 billion for affordable housing and there is still $1.8 billion left in the kitty.
The problem is the way the system has been put together. The province has to match the federal money to put forth these projects. Because of the Liberal cutbacks, many of the provinces do not have the money to provide affordable housing for Canadians who need it. Also, the way that the housing initiative is set up now is very wasteful. In other words, a lot more money is being spent to build affordable housing that could be done in the private sector.
I ask the member, why throw more money into a system that does not appear to be working when, because there is a glut of real estate, we could immediately be giving tax credits to seniors and people who actually need it and get them into affording housing right away?