Mr. Speaker, the more the Prime Minister spends, the more it costs. Housing prices have gone from $450,000 under the last year of the Conservative government to $716,000 under the government, up 32% in just over a year. We now have the biggest housing bubble in the world outside of New Zealand, and Toronto and Vancouver are the fifth- and second-most expensive housing markets in the world, ahead of Manhattan, San Francisco, London and others.
If the Prime Minister is not to blame, then exactly what is causing this housing price inflation?