Mr. Speaker, CTV reports that 35,000 households left the GTA last year because the cost of housing is simply too expensive. The Missing Middle Initiative reported yesterday that “Ontario's housing engine has stalled”. In the GTA, preconstruction sales for condos are down 89%, and for ground-oriented homes, they are down 65%. This means that starts have fallen off a cliff, and it means it is going to be worse in 2026.
My question is, when the Prime Minister told young Canadians that they would have to sacrifice, was he really referring to the dream of home ownership?