Mr. Speaker, I really appreciate my colleague's admiration of Stephen Harper and his government's admiration of Stephen Harper's policies. The first-time homebuyer program is a bit of a copy of the tax-free savings account, a great savings instrument for Canadians. I know the Liberals copied that to have something called the first-time homebuyer program, which would be great if people had money to put into another savings account while they are saving for a mortgage at the same time. I thank the member for some constructive comments on that. We will see how it works. It is not the worst plan I have seen from those on the other side of the House, and I have to give them that credit, but there are other issues.
To deal with my friend's question, he talked about the supply of housing. The supply of housing in Canada is as high as it has ever been. The issue is that the supply of money going into housing is also as high as it has ever been. Thirty per cent of the houses built in Canada now are owned by investors, like the member's cabinet minister, the Minister of Housing, who recently went into that as well. This is part of the problem. Everybody is investing in housing because there is nowhere else to invest. I wish the member had heard that in my speech.