Madam Speaker, I did not say that inflation is not a problem. What I said was that the current policies are not risking inflation above what really is the target for the Bank of Canada. Yes, house prices are going up, but from what I have read, one of the reasons for this is the new entrants into the market. Those are new families buying homes.
As the Deputy Prime Minister and Minister of Finance said last week, the problem when it comes to housing prices, as it is always a question of supply and demand, is the supply of housing. It will be important to increase the supply of housing. I believe that once the pandemic is over and the pace of home construction picks up, the supply will expand.