Mr. Speaker, let me correct the member. Every single Canadian needs housing that is geared to their income. By definition, people cannot pay their mortgage on a house that is out of line with their income. However, that is exactly the problem the government has created.
When the government started printing cash in the spring of 2020, housing prices were dropping. Then suddenly it reversed course and went on a rampage that we have not seen at any time in this country's history, according to the top economists for The Canadian Real Estate Association just yesterday. What has that meant? It has meant that not only are the very poor unable to afford housing now, but when they calculate how many months it would take to save up for a future down payment, they realize they do not have enough living years to get there. There is now a class of people in this country who have made the mathematical calculation that they will never own a home.
I want the member, before he and his government start printing more cash and inflating the assets of their rich friends, to think carefully about the very dangerous societal impacts of a country where millions of people believe they will be dispossessed of home ownership forever.