Mr. Speaker, I rise today to recognize the importance of the housing industry in Canada, especially the efforts of the Canadian Home Builders' Association.
Our government understands the critical role this sector plays in providing quality jobs and economic growth for Canadians. More than 8,500 small and medium-sized businesses are members of the CHBA. What is more, residential investment supports more than 900,000 jobs and generates more than $120 billion in economic activity every year. However, the industry is only as strong as the ability of Canadians to pursue their housing aspirations.
I have seen first-hand the efforts of our government to lower the barriers to home ownership, affordable renovations, and rental housing, yet more must be done to support this critical industry. Continued partnership between the government and the housing industry is important to ensure that we continue to help Canadians achieve the dream of home ownership.