Mr. Speaker, I thank my colleague, who is always interesting, always brilliant, always thorough and always has relevant things to say.
As we have heard, the GST rebate will not solve the entire housing crisis. Housing is a complex issue. At the current rate of construction, we know that we will never be able to build the amount of housing we need. We are talking about 3.5 million units in Canada and 1.1 million in Quebec. We have never built more than 70,000 units. We will never get there.
We also need to tackle the financialization of housing. That is extremely important. We proposed a measure, and I would like my colleague to talk about it. It is an acquisition fund. We know that we are losing affordable housing. In fact, we are losing more than we are creating right now, which is rather interesting, because these large groups and real estate funds, which are often international, are buying up the affordable housing stock right now. It is a real tragedy.
What we need is an acquisition fund. The government needs to make a fund available to not-for-profit organizations to be able to buy housing that is still affordable—there are still some out there—and remove them from the market to guarantee affordability. I would like my colleague to talk a bit about this measure and tell us how this might greatly improve things in the market.