Mr. Speaker, I want to congratulate my seatmate for his speech.
He talked a lot about the cost of living and housing. I want to refer to two articles from The Economist that were published in mid-October. This magazine is very critical of the current government when it comes to housing. It indicated that the cost of housing has risen by 66% since 2015 and that Canada's per capita housing rate is very low compared to other OECD countries. The Economist said that one of the main reasons for this is that the government implemented a policy of massive immigration without a plan to support housing and social services. We have seen that there was no plan in that regard and, as my colleague said, there have been even fewer housing starts because of high interest rates. The British magazine is so harsh that it says that this problem cancels out all of the successful progressive policies implemented by the government.
What does my colleague think about that?