Mr. Speaker, $13 billion for 4,000 homes is $3.2 million per home. That is not affordable.
It is all starting to make sense where this scheme was cooked up. The Liberals have a housing minister who oversaw the doubling of rent and the doubling of housing prices when he was mayor of Vancouver. The head of the new agency came from the City of Toronto, which increased the cost of building by 700%. It is almost like the interview process for these positions asked, “Are they incompetent? Were they fired from their last job?”
Once again, for the sake of Canadians begging to buy a home, can the minister please tell me this is not the plan?