Madam Speaker, we have heard the hon. member recount at length all of the symptoms of the financialization of the housing market.
Perhaps my colleague, the hon. member for Vancouver East, asked the most important question today, which is on the commodification and financialization of rental housing. She stated that Canada is losing more affordable housing than is being created, and this business model of REITs and other large capital funds relies on acquiring lower rental properties that allow them to maximize profits for shareholders, including through rent evictions.
Will the hon. member and the government take action to limit the ability of REITs and large capital funds to purchase rental units, and create a housing acquisition fund for the non-profit sector, as was called for by the former UN housing rapporteur Leilani Farha, the FCM and the recovery for all campaign?