Mr. Speaker, at the end of 2021, Canadian home prices were 19% above the borrowing capacity of medium-income households. By summer 2022, it is expected to reach a level that is 38% higher than what most borrowers can afford. This is despite the fact that the government has earmarked $72 billion for housing.
When there are no real outcomes we can point to except an affordability crisis, why is the NDP-Liberal government intent on spending Canadians into oblivion?