Mr. Speaker, I would first like to acknowledge and congratulate our colleague from Toronto—Danforth for her hard work.
Our government believes that all Canadians deserve a safe, adequate, and affordable home. I have asked CMHC to study the cause of the rapid and recurring rise in property prices in major urban centres, and to identify and fill data gaps on the subject.
I have also mandated CMHC to have the data available by the end of the year. This will help home ownership stay within reach of more middle-class Canadians.