Madam Speaker, while I hate to contradict my colleague opposite, who says the government is doing a lot to support housing, a report by an organization called Generation Squeeze indicates that, relative to young people in 1976, it takes two to four times longer for today's youth to save up the 20% down payment needed to buy their first home.
It is therefore much harder for today's youth to get into their first home and start building their lives, especially when they graduate with student debt. This is not to mention the mortgage rates that are two to four times higher in some regions of Canada, which makes it even harder.
My colleague claims that all organizations in Quebec are pleased, but the Regroupement des comités logement et associations de locataires du Québec has sharply criticized the national housing strategy:
The federal government's commitment to invest large sums ($2 billion from the federal government and as much from the provinces) in a Canada housing benefit—