Madam Speaker, I would save that debate for when the fall economic statement comes forward. Today we are discussing Bill C-56.
While I cannot speak to the impact of the GST, I can say that in my community of Newmarket—Aurora, there is one project that will provide us with 568 new units. These were ready to go, but the business model was not effective until the GST was implemented. In a community of 24,000 housing units, that number is quite significant, so we cannot take away from the fact that this is a progressive measure that will help many communities like Newmarket—Aurora.