Mr. Speaker, we do not have to imagine what prices would have been were I making the decisions, because when I was the housing minister, the average mortgage payment and the average rent payment were half of what they are now. We do not have to imagine that; it is called history.
The Prime Minister's solution is to continue to spend billions of dollars. He spent $89 billion on housing affordability to double mortgage payments, double rental costs and double the needed down payment. How did he spend so much to achieve so little?