Mr. Speaker, speaking about failed Liberal policy, it was under the Liberal watch that the CMHC actually moved to 40-year mortgages. The Liberals sat and watched that happen. We are watching out for Canadians. We are helping Canadians. We are not intending to make any changes to CMHC, other than the ones they are planning on voting against, and those are to provide more oversight over CMHC.
In the House of Commons on October 22nd, 2012. See this statement in context.