Madam Speaker, I am glad the member makes reference to the issue of housing, because within Bill C-8 there is a measure that will make a difference.
For the first time, we are seeing a tax on non-residents and non-Canadians purchasing and possessing unused properties, either directly or indirectly. That is going to be an annual tax. I am hopeful that this measure will have at least some impact in conjunction with other actions by the government through the national housing strategy and a number of projects that the Minister of Housing and Diversity and Inclusion has alluded to time and time again. I believe that the federal government is showing goodwill in moving forward on the issue of housing for Canadians.
What are the member's thoughts on the specific initiative of the annual tax within Bill C-8?