Mr. Speaker, I appreciate my colleague's comments, including his remark about the GST break on new homes. In my riding, however, the problem is that people are unable to save up enough money to buy a new home. Rents are rising and house prices keep going up, making the situation all the more difficult.
I would like to hear what my colleague has to say about our proposals for people who have not saved up a down payment yet. We have two proposals and both are simple. The first is to allow parents to use their RRSPs to help their children put together a down payment. The second is to offer interest-free government loans to help young people and new homebuyers with their down payment.
