Mr. Speaker, I thank my colleague for that important question.
I can say that yesterday's budget really does focus on residential housing. It includes over $4 billion in new money over six years. We are addressing this issue through our residential housing policy, which will inject about $70 billion into affordable residential housing by 2025-26.
In addition, we will invest $4.3 billion over seven years in residential housing for indigenous communities across Canada. The money will be distributed among Inuit, first nations and Métis peoples. This is extremely important for our country, and we will continue to work with the territories, the provinces and indigenous nations to achieve these goals.