Mr. Speaker, I have known many young people, and I actually spent the summer helping move people out of Toronto because this is no longer a city they can live in. It now takes 20 years for a family to save for a down payment. It has been reported that 40% of the condos in Toronto sit empty or are being rented out on Airbnb.
This is a manufactured crisis. Therefore, when I hear my hon. colleague talk about the response, what I am not hearing is a credible plan for co-operative housing, which was a linchpin of making urban living possible and also of making rural and northern living possible. Due to the fact that the market forces have failed us, that there is market manipulation and that the housing market has been used by speculators, we really need a strong all-hands-on-deck approach to address the housing crisis that exists in every one of our communities across this country.