Madam Speaker, I want to thank the member for Rosemont—La Petite-Patrie for talking about affordable housing. We saw in this budget, and the government takes pride in saying it, that it has announced $11 billion for affordable housing. However, when we look at it closely, it would be $20 million in the first year and $300 million before the next election. The bulk of it would be after the next election. This is while we have a housing crisis in southwestern British Columbia, in the GTA, and across Canada. People cannot find a place to live. In my riding of Courtenay—Alberni, for example, the vacancy rate is less than 0.5%.
There is an organization called Dawn to Dusk. Its members are dealing with people on the street, homeless people, and they are saying that we are in a crisis situation. At the same time, the current government is protecting shareholder stock option loopholes that are costing us $800 million a year. The government is choosing CEO stock option loopholes over people who need a place to live. Maybe the member could talk a bit about what $800 million could do this year for people who need a roof over their heads.