Mr. Speaker, most Canadians dream of owning a home, but the Liberals' mortgage rules are keeping many of these individuals out of the market.
Owning a home, of course, comes with a sense of pride, a sense of accomplishment and a sense of joy. It is an honour for Canadians to have a permanent place where they get to build a life.
However, more and more young Canadians are finding it very difficult and are reporting that they are giving up on the dream of home ownership. They are struggling to afford daily necessities, let alone be able to save for a down payment. To make matters worse, the current government has implemented a mortgage stress test that makes it extremely difficult for first-time homebuyers to get into the market.
Canadians build wealth by owning a home. It is very key. By blocking millennials from this opportunity, the Liberals are keeping them from being able to build equity and create a life for themselves, enjoying the stability of a home.
The Conservatives are committed to ensuring that Canadians in all regions of the country are able to afford a home, to realize their dream. We will continue to implement policies that will serve Canadians well and help regular Canadians get ahead.