Mr. Speaker, I have a dissenting opinion with regard to both the form and the substance.
In the name of the official opposition, I would like to thank the people who support the work of the committee, the clerks and the other employees. I would also like to thank them for the good work they do.
I have the honour to table the dissenting report of the official opposition regarding Canada's housing market. At a time when the government is increasing Canadians' tax burden, there was a need for a study of the housing market because people need to save before they make the biggest investment of their lives.
After several weeks of testimony, it is obvious that the October 3 changes to mortgage rules have had a negative effect on the housing market and the Canadian economy. It is now more difficult for buyers to obtain a mortgage. These changes are detrimental to buyers, mortgage brokers, and the construction industry.
For these reasons, the official opposition is tabling this dissenting report.