Mr. Speaker, I would like to thank the hon. member for his hard work in his constituency.
I want to talk about this supposed benefit for homebuyers, the equity portion. The member comes from British Columbia, as I do. I would like him to talk about the average home price in his riding. In my riding of Chilliwack, the idea that people can get into a new home for anywhere near the $480,000 cap is just not possible. The prices in the Lower Mainland are much higher than that. Who would this be benefiting? Would it benefit people in his riding, or is this just a marketing gimmick to make it look like something is being done for first-time homebuyers?