Madam Speaker, I will continue with the question I asked another Conservative colleague earlier about the housing crisis.
This morning, Radio‑Canada posted a very interesting article on housing, which reads as follows:
The largest program under the national strategy is the rental construction financing initiative. This program has a budget of nearly $26 billion, or 40% of the national housing strategy....According to the initiative's rules, 20% of the units have to be affordable....The problem is that only 3% of the units funded by the initiative meet the needs of low‑income households.
We are spending 40% of $26 bilion on this affordable housing program, but only 3% is effectively being used to build affordable units.
My Conservative colleagues are always worried about inflation, but how can we both house people and prevent inflation from rising?