Madam Speaker, StatsCan released a new housing price index for May. New home prices have increased 11.3% year over year, and this is the largest increase since November 2006. Prices for lumber and other products increased 17.9% from the previous month and have more than doubled year over year.
Can the Prime Minister explain why he has implemented such incredibly poor economic policies leading to increased inflation and higher home prices, effectively crushing the dreams of young Canadian families looking to buy their first home?