Mr. Speaker, today we learned that a Toronto developer is purchasing hundreds of houses and converting them into rentals, eliminating the dream of home ownership for even more Canadians. For months, we have been demanding that the government stabilize house prices and come up with a plan to restore the dream of home ownership for Canadians. Sadly, all the recent budget did was impose a tiny 1% tax on foreign owners, which will do nothing to make housing more affordable.
Why is the minister failing the families he is supposed to be serving?