Mr. Speaker, it is a new year, but it is the same old story for Canadians trying to buy a home. They cannot.
The Missing Middle Initiative reported this week that while the vast majority of gen Z and millennials want to buy a home, only about half can realize that goal. Home ownership for them has decreased from 60% to 52%. Their ambition to buy a home has turned into uncertainty, and that uncertainty has turned into defeat. Missing Middle proposed 10 solutions. Not one of them was the government's plan for another bureaucracy to build non-market homes.
Why is the government's plan so different from what sensible experts are recommending?