Mr. Speaker, week after week, parents in Vaughan—Woodbridge tell me they fear their children will never be able to afford a home. Home ownership is a key milestone in adulthood. It is a rite of passage for Canadian families, yet under Liberals, that dream is slipping away.
After promising half a million new homes, the Liberals now admit their new housing bureaucracy will deliver only a fraction of that. Build Canada Homes will cost $13 billion yet will add only 5,200 homes per year. This failure is pushing families out of the communities they love. Last year alone more than 35,000 families left the GTA because they could not find affordable housing, and it is no wonder. Government-imposed costs and delays now make up between 30% and 50% of the price of a new home.
Conservatives have a real plan: cut the GST on new homes, help reduce development charges, tie federal infrastructure dollars to building more homes, and get government out of the way so builders can build. We will restore the promise and hope of home ownership for young Canadians.