Mr. Speaker, I want to emphasize that since 2015, the Government of Canada has made historic investments to increase supply, make housing more affordable and ensure that Canadians have places to call home. That is why there is so much irony in the Conservatives being the ones to bring forward this motion.
The Government of Canada has committed and invested over $70 billion in the national housing strategy launched in 2017, as members will recall. The first-time home buyer incentive reduces a first-time buyer's mortgage payments to make buying a home more affordable. One of my favourites is the rapid housing initiative to address urgent housing needs for vulnerable Canadians in all regions of our country.
In January of this year, our government introduced Canada's first national tax on vacant property owned by non-residents and non-Canadians. Houses should not be passive investment vehicles for offshore money: They should be homes for Canadian families. We have invested an unprecedented $300 million through the rental construction housing initiative. This is a government that genuinely understands and appreciates the need for a national government to be involved in housing.
As I mentioned at the beginning of my comments, we recognize that Ottawa, the provinces and territories, indigenous governments and non-profit organizations all have roles to play. As I did earlier today, I would challenge any member of the House to name a prime minister or government to have done more, in terms of investing in housing, than we have in the last five years. Members will be challenged to do so because one does not exist. Members would probably have to go back 50 or 60 years, or even farther than that. It might even be that we have never seen these kinds of dollars invested by a government. We do not need to take any lessons from the Conservatives on the housing issue.
In the most recent budget, we introduced the Canada greener homes grant. For people like me and the constituents I represent, this is a good, solid program that is going to help people stay in their homes. It will provide financial support for many necessary renovations. It is also better for the environment. This is an area of policy not only on which has the government been progressive, but in which we have seen tangible results in a relatively short time. This is a government that cares about our national housing stock and expanding, where we can—