Madam Speaker, I totally agree with the hon. parliamentary secretary. Multiple levels of government, and multiple orders of government, are involved in this moment. There was a period of time when the federal government took a hands-off approach to housing. I welcome the fact that CMHC has made a commitment on housing being a right, and that Canadians should have affordable housing.
There is more that the federal government could do. We used to have special tax treatment to encourage developers to build purpose-built rental housing. We have some of those programs now, but they are highly specialized. They increasingly say that they can build a property, but a small fraction has to stay below market. We need below-market pricing for rents. We have a huge problem with vacancy levels for people to rent decent homes. We also have, as we know, unaffordable-to-buy homes, but we need to look at smart development in our urban areas and in our communities, look at info, and find ways to promote smart housing, particularly co-operatives.