Mr. Speaker, that sure sounds great, but 90% of that money will not be allocated before the upcoming federal election, not before 2020, but housing is desperately needed right now.
More than 1.5 million Canadian households are in urgent need today. New investments are needed right now, not in three or four years.
There are solutions. For example, the government could spur investments by removing the federal portion of the GST/HST from the cost of building new affordable housing units. The Liberals should know how this works. That is what they promised in 2015, but they have since shelved the idea.
I will repeat my question.
They will have one last chance with the federal budget. Will they invest and act now?