Mr. Speaker, let us get this straight. When Conservatives were in power, according to the minister, we spent $250 million on housing, and the average house cost Canadians $450,000. With Liberals now in power, they are spending 27 billion tax dollars, and the average house costs $720,000. Housing is now not just more expensive for taxpayers, it is more expensive for homebuyers. Failing is bad. Failing expensively is even worse.
Why do we have the second-biggest housing bubble in the world?