Mr. Speaker, we are determined to address the shortage of acceptable housing. The 2016 budget includes an investment of more than $554 million over two years for the construction, maintenance, and renovation of 2,007 units. Agreements are already in place for two-thirds of the funding and the Canada Mortgage and Housing Corporation, the CMHC, is investing in renovating and repairing 2,500 units.
In the House of Commons on September 26th, 2016. See this statement in context.