Mr. Speaker, I thank the minister for his speech.
I have a question for him about the new federal tax on underused housing. The government claims that this new tax will bring in some $700 million over four years and that will help fix the housing crisis. Earlier this week, the Parliamentary Budget Officer reported that the tax would bring in $100 million less than that. Quebec is currently in need of around 50,000 new affordable social community housing units.
I would like to know how this money will help build social housing units in Quebec and across the country. Does the minister truly think that this amount will fix the housing crisis?