Mr. Speaker, I noted in my colleague's presentation today that he was talking about the inflationary value of housing over the last two decades, when Canadians are most concerned about it happening in the last three years. I just read a report this morning that it has even gone up 26.6% in the last year in many areas of Canada. There were references to these sorts of things in the throne speech last fall, but I am wondering if the government can give us a more specific explanation as to how it is going to deal with this, given that the Bank of Canada and others are considering holding the interest rates where they are.
In the House of Commons on January 31st, 2022. See this statement in context.