Mr. Speaker, our government introduced Canada's first ever national housing strategy because we want every Canadian to find a safe and affordable place to call home. As part of the national housing strategy, we introduced the first-time home buyer incentive, which will help middle-class Canadians achieve their dream of owning a home by lowering their monthly mortgage payments without increasing the down payments.
In the fall economic statement, we committed to expand the program to be more reflective of the financial realities of first-time home buyers in Toronto, Vancouver and Victoria.