Mr. Speaker, numerous steps and none of them are working.
Nowhere in the country is the Canadian dream of owning a home more at risk than the Prime Minister's home of Calgary.
Calgary is predicted to be the epicentre of a housing collapse if the current government does not start dealing with housing issues now. The IMF report is crystal clear: regulation is fractured, more oversight of the market is needed, and it is needed now. Instead, the government attacks CMHC, it cuts staff, cuts research and does this to fund tax cuts for well-housed Canadians. It is not right.
Why will the Prime Minister not protect his constituents in Calgary Southwest?