Mr. Speaker, home prices continue to rise beyond the affordability level for many Canadians. In my city of Edmonton, a single-family detached home increased by more than 11% year over year in the month of April. Inflation in this sector is particularly pronounced and on top of that, we have new mortgage rules. The U.S. is doubling tariffs on Canadian softwood lumber, yet another factor in increasing the prices on homes.
When will the Prime Minister take decisive action versus hollow announcements to improve housing affordability in this country, or will he continue to ignore this massive issue?