Mr. Speaker, a new report shows that home ownership among 30- to 34-year-olds has collapsed from 60% to 52%, with the steepest declines affecting younger Canadians. Between 2019 and 2024, for every 100 new adults, there were just 12 housing starts meant for home ownership, less than half the rate of earlier decades. It is no wonder that 87% of Canadians are concerned about housing, and that rises to 93% for gen Z and millennials. Nearly half of young Canadians are considering leaving their city or province because they cannot afford a home.
Instead of lecturing young Canadians to make more sacrifices, will the Liberal Prime Minister finally scrap the red tape and taxes that obstruct them from saving, starting a family and owning a home?