Mr. Chair, the federal government is determined to help Quebeckers find safe and affordable housing. Since 2015, we have invested more than $6.5 billion in Quebec to help more than 45,000 families and individuals secure the housing they needed.
The bilateral agreement between the governments of Canada and Quebec will result in a combined investment of an additional $3.7 billion over 10 years to improve housing conditions in Quebec. That is what federal leadership on housing looks like for Quebeckers. As part of our commitment to end chronic homelessness, we are providing more than $400 million to Quebec. As part of the rapid housing initiative, we are working with the Government of Quebec to invest $563 million to create 3,200 new housing units in the province. We have also announced $9.9 billion through the affordable housing innovation fund to help build or renovate 2,675 affordable housing units in Quebec.