Madam Speaker, earlier this year, the Liberals own officials predicted a major decline in new housing construction thanks to inflationary spending, interest rate hikes and labour shortages. They were correct. Yesterday we learned that new housing construction is down 23% from this time last year.
That does not sound like the life-changing housing plan that Canadians were promised by the government, so when will it admit that its borrowing of billions of dollars is actually making the housing crisis worse?