Mr. Speaker, I am so glad that the member for Spadina—Fort York caught your eye and you recognized him first. Now I can dispel some of this misinformation.
The FTHBI program promised 100,000 Canadians would be helped. It has reached 10% of that, but only those who were approved. Getting approved does not mean they actually went through with the loan. The member knows this. It is an election gimmick. It was an election gimmick in 2019; it remains an election gimmick today. Nothing has changed.
Second of all is the stress test. I did not say the words "stress test", but I have been a huge critic of stress tests, for both 20%-plus and under. With the stress test percentage, the contract rate is not what the person is actually charged. They are just tested against it, regardless of how their income will grow in the future, regardless of their personal situation and regardless of the fact that they are refinancing their mortgage. It has nothing to do with reality. Why is it 2%? Why is it not 3%, 4% or 5%? Why is it not a flat 3%? The government has never been able—