Madam Speaker, I thank my colleague for the question and the energy with which he asked it.
I agree that there is a housing crisis in our country. The average price of a home in Canada has now increased to $720,850. Even in my region, in Calgary, prices no longer have any connection to the salaries people can earn in the communities that I represent.
From November 2021 to now, the increase was 19.6%. I think that the problem is that government spending is too high and it is not slowing down. The mortgage rate is less than 1% at some banks. It is too easy to get too much money, and that is causing home prices to increase in Canada.