Madam Speaker, I appreciate that the member for Winnipeg North, the parliamentary secretary, recognizes that we are in a housing crisis.
Back in budget 2022, there was a funding stream called the rapid housing initiative. It allocated $750 million a year over two years so that non-profits could apply to build non-market housing. Obviously, it was not enough. As a result of the crisis we are in, we need to see the government go further and faster.
Non-profits in my community, from the YWCA to the House of Friendship and The Working Centre, are looking to this budget expecting dollars for them to build non-market housing. What do we see in budget 2024? It is down to $195 million a year, from $750 million. The $750 million was not enough, and this year's budget cuts it dramatically.
Why does the parliamentary secretary think this is going to be enough to address the housing crisis we are in?