Mr. Speaker, I thank the member for his mention of the new homebuyer program. We have listened at the finance committee to some of the very real problems that exist in the housing market.
This particular policy innovation, let us call it, is not something that we have heard a lot of people talking about or calling for. I wonder if the member would like to give some reflections on the kinds of housing policy items that would be constructive and would make a difference to make more housing available for more Canadians, versus the risk of a program that allows Canadians to save more money to put into a hot market with constantly escalating prices. The problem is that people continue to throw more money at the same houses in competition. What is the role of the government if not to try to tame that competition so that Canadians can get value for the money they have?