Madam Speaker, housing is a very complex area. We have brought in some important measures to help with housing affordability. We have a new savings vehicle. It is a very creative combination of a TFSA and an RRSP that will benefit first-time homebuyers.
There are other aspects of the housing situation that are under the control of municipal governments. I think the member has probably seen this in his area. I have seen it in mine. There is a big debate going on in my community about densification, and some amount of densification is going to be necessary if we are going to increase the housing supply in a geographic area that is already highly developed. Obviously, we cannot influence municipal bylaws and permitting, but through the housing accelerator fund we can exert a certain amount of influence, and hopefully that will be helpful.