Mr. Speaker, as part of the national housing strategy, we introduced the first-time homebuyer incentive, which will help families achieve their dream of home ownership by lowering monthly mortgage payments without increasing down payments. We are actually expanding the first-time homebuyer incentive to enhance eligibility in Toronto, Vancouver and Victoria by raising the qualifying income threshold to $150,000.
When the party opposite was in office, all it could do was provide $750 in a credit for first-time homebuyers. We are doing way more than that.