Mr. Speaker, our government is committed to helping the middle class and those working so hard to join it. We will continue to monitor the market to protect middle-class Canadians.
Our government is also taking a long-term view of the way that the mortgage markets are functioning, by reviewing the distribution of risk in mortgage lending. To support affordability in housing, we have committed $2.3 billion in budget 2016 for affordable housing, and the Minister of Families, Children and Social Development is leading the development of this national housing strategy.
Our government will continue to closely monitor the housing market, and we will continue to work with provinces and municipalities to tackle affordability and financial stability.