Mr. Speaker, this budget does not address the housing crisis we are in. Young people have lost hope. We are hearing that people have to work 12 years to have a down payment to buy a house in many cities across the country.
In Europe, 30% of housing is non-market housing. In the seventies and eighties, the housing stock in Canada was over 10%. We know it is much less than that. The private sector has not delivered in building the housing that Canadians need. We need non-market housing and the government needs to build over 500,000 units: We know we are 300,000 units short now but we are losing units every day. As we commit to building more units, we are falling short. The gap is actually widening, so people are living in fear about where they are going to live.
Everybody should have the right to adequate housing. This is an opportunity for the government to get back into non-market housing, because the free market is not going to resolve these really important issues. It is a crisis for many Canadians right now, and it is getting much worse. The government has not dealt with it in a way that demonstrates the crisis that we and many people are facing right now in our country.