Mr. Speaker, the minister ought to know that the housing market is already in chaos. Sellers cannot sell and buyers cannot buy. It is proving out: Only 310 houses were sold across the entire GTA. That is a staggering 89% below the 10-year average. Lower supply and higher prices spell more trouble for Canadians. Instead of building homes and bringing the costs down, the minister is actually building more bureaucracy.
We know that housing prices went up 179% when the minister was in charge of housing in Vancouver. How much higher are they going to get when he is in charge of housing for the entire country?