Mr. Speaker, I want to get to the issue of the GST because my colleague just talked about the reductions that we have made to the GST.
There is one thing I am not sure made it on the list. Right now when people buy a new home, the first section of it does not attract GST but after $350,000 the GST starts to be attracted and then after a certain level it is full GST. Since that has not changed due to inflation in 12 or 13 years, I recommended that we move that amount up. The cost of housing for young families and families moving into their second homes has increased considerably and the thresholds to help people get into their homes need to change. Let us face it. Those GST costs get passed directly to the consumer. The builders do not pay them in the end.
My question for my colleague is this. Do you think that moving the thresholds, when the GST is attracted to new housing, would be of assistance to the residents in your riding?