Mr. Speaker, buying a home is one of the biggest decisions that a Canadian can make in his or her lifetime. Unfortunately, high mortgage costs can be barriers to many, particularly the younger generation seeking to purchase their first home.
Our government has made some of the boldest mortgage reform changes in decades to ensure that younger Canadians can turn home buying into a reality.
Could the Minister of Finance explain to the House how the adjustments to the mortgage amortization period will enhance and improve access to homes for thousands of Canadians?