Mr. Speaker, the idea that we have done absolutely nothing is not correct. We have done a number of things.
Within one month of coming into office, we changed the rules around down payments for people on homes at the higher end. That would impact, in particular, pockets of risk in the housing market in Toronto and Vancouver. We put money into our budget to examine the impact of foreign buyers into the Canadian housing market. We recognize this is a critically important issue.
I want to thank the member for bringing it up. We remain focused on the housing market because we know how important housing is to Canadian families. For most, it is the most important asset they own.