Mr. Speaker, I actually think the proposal as is would be helpful. My speech gave another level of nuance. I hope the member for Brandon—Souris can have a conversation with the leader of the official opposition to say that it is fine if we want to have this policy, but it should not be on the back of actually cutting the federal funding. The funding is helping to build the homes that would be necessary for people to take advantage of the tax credit that we are putting in place or the GST relief.
We have built 500,000 homes in this country. There are a lot of good initiatives. There are issues in western liberal democracies right now around homebuilding. A lot of them came on the back of the pandemic, when we did not have supply by virtue of almost 30 years of governments of Canada, successive Liberal and Conservative governments, getting out of the space of federal housing at a time when interest rates from the central banks were very low. Housing prices took off because of the fact that mortgage lending space opened up and there was not enough supply. However, the way to get where we want to go is not by actually cutting the programs that build the supply for the homes we need.