Mr. Speaker, the price of the average home in my hometown of Oshawa has gone up 121% since 2015. According to Equifax, a record number of Ontarians are missing mortgage payments now, up 71.5% since early 2024. A TMU professor said, “The first thing you make sure you do in life is to pay your mortgage, but people aren’t doing that, because the whole system is so broken now.”
The Liberal housing minister, former mayor of Vancouver, comes to us with an already broken record of sky-high prices and surging homelessness, so why should Canadians trust him to do the job?