Madam Speaker, right now, the entire bill oriented toward speculation or immediate gain in the financial sector.
In the real estate sector, the decision was made to promote housing accessibility. That is fine, but unfortunately, more and more people are overburdened by debt as a result of interest rates and business practices. The average household debt to income ratio has now reached 125% or even 150%. This ratio is over 175% in the Vancouver area because of a significant housing bubble. That is unacceptable. We are about to hit a wall. If the Canadian housing bubble ever bursts, the entire Canadian economy will suffer.