Madam Speaker, there is almost no way for me to exaggerate the crisis in housing being experienced across this country, and particularly in the Lower Mainland. In my constituency of Vancouver Kingsway, we have renters who cannot find affordable places and a dream of home ownership by young people that has been crushed. People are leaving the communities they grew up in.
Members of the current government claim they are interested in housing, and while the Liberals say they have allocated $40 billion for housing, it is actually $20 billion because $20 billion of that is coming from the provinces. The $20 billion is tied to provincial contributions and it is over 10 years, most of which would flow after 2019.
Does my hon. colleague really understand that there is a housing crisis in this country? If that is the case, why are the Liberals putting so little money into housing, and why are Canadians having to wait so long for any of that federal money to actually flow?