Madam Speaker, this is more inclusive. It is not just for below-market rental housing; it is for all rental housing, because we have a need right now to get as much supply to make sure we are able to meet the very high targets that CMHC said we need to meet: 3.5 million homes on top of what we are already building right now. A big part of this needs to be below-market rentals, but market rentals are also needed, so that we are able to bring down prices overall.
In the House of Commons on September 27th, 2023. See this statement in context.