Mr. Speaker, yesterday the Vancouver Board of Trade released a damning report saying, “If affordability and investment competitiveness are not addressed, Greater Vancouver runs the risk of becoming an international bedroom community.” The Liberals' mortgage changes have made it harder for first-time homebuyers to buy a house, and that is before they hike up payroll and carbon taxes. This is making life less affordable for those who cannot even afford their rent.
Why is the government dead set on making the market simply out of reach for first-time homebuyers?