Mr. Speaker, my colleague talked about his leader's bill, Bill C‑356. With that bill, Ottawa would require all municipalities with high housing costs—the list is getting longer and longer—to increase housing starts by 15% over the previous year.
If a municipality's housing starts do not increase as required by Ottawa, the Conservative leader is proposing to cut its gas tax transfer and public transit transfer by 1% for every percentage shortfall from the target he has unilaterally set. For example, in Quebec, housing starts are down 60% this year, mainly due to interest rates, rather than up 15%. That is a difference of 75%, so transfers would be reduced by 75% for cities and towns in Quebec.
In the economic statement, the Minister of Finance said that she wants to do something similar. Could my colleague comment on that?