Madam Speaker, just before my formal remarks, I would like to take one moment to mention that two weeks ago today, I was able to stand in the House and congratulate Megan Oldham from Parry Sound on a bronze medal win at the Olympics in Milan.
I am excited to report that, a week ago today, I had the immense privilege of standing at the bottom of the hill and watching her win gold in the big air event. I had never been to the Olympics before, and I have to say that watching a constituent and family friend win gold is a pretty exciting experience. I just want to report that we are obviously immensely proud of Megan in Parry Sound—Muskoka and all across Canada. The town of Parry Sound is actually planning a fairly large community celebration this Saturday, and I will be there. Singing O Canada as a constituent wins gold at the Olympics is something I will never forget.
I will move on to the debate today:
For the great enemy of truth is very often not the lie—deliberate, contrived and dishonest—but the myth—persistent, persuasive, and unrealistic.
The warning President John F. Kennedy delivered at the Yale commencement in 1962 is the warning that we need to hear today. President Kennedy knew that nations could drift because of the comfort of assumptions, systems and myths.
Today, Canada is living a myth. The myth is that we can solve a housing crisis by expanding bureaucracy, that another agency will compensate for a system that is designed to delay, and that process is the same as decision. The truth is much harder. The problem in this country is not a shortage of process. It is a shortage of permission. Until we confront that truth honestly, housing affordability will not return.
Canada's housing crisis did not appear suddenly overnight. It was constructed, layer by layer, over years, over decades, with one additional approval, one new study, one longer consultation, one more appeal mechanism and one more condition layered onto an already complex process. Each individual decision seemed reasonable and each safeguard seemed maybe defensible, yet layered together they produced delay.
Delay is not neutral. Delay is a decision and it has a cost. When approvals stretch from months into years, capital sits idle, risk increases and projects that once made economic sense no longer do. As time expands, costs explode, and either those costs are embedded into the final price or the homes are just simply never built. That is not ideological rhetoric. It is simple math. This paralysis by process is measurable in months, in dollars and in lost opportunity.
The CMHC estimates that Canada must build between 430,000 and 500,000 homes per year for a sustained period to restore affordability. We are nowhere near that pace. In recent years, housing starts have fallen well below that level. Meanwhile, population growth accelerated. Between 2019 and 2024, for every 100-person increase in the adult population, only a small fraction of ownership housing was added. That imbalance compounds annually. Home ownership among Canadians aged 30 to 34 has declined sharply, rents have risen and carrying costs have increased dramatically. Now, nearly nine in 10 Canadians express concern about housing affordability. This is not some cyclical downturn that will just reset itself. It is structural and it is pervasive.
That is not just my diagnosis. I am not just griping as a partisan here. The warnings are everywhere. The OECD has repeatedly identified restrictive zoning, prolonged permitting and fragmented approval systems across levels of government as principal constraints on housing supply in Canada. It has called for as-of-right zoning, predictable and shortened approval timelines, reduced regulatory overlap and alignment between infrastructure funding and housing approvals. Its conclusion is clear: Canada's housing challenge is not primarily a financing issue; it is a supply and regulatory issue.
The International Monetary Fund has gone even further. In its article IV consultation, it has warned that housing supply constraints in Canada now represent a macroeconomic risk. They are not simply a social issue, but a macroeconomic risk.
Housing shortages fuel inflation, restrict labour mobility, suppress productivity growth and elevate financial vulnerability. When workers cannot move to opportunity, productivity declines. When productivity declines, growth slows, and when growth slows, fiscal capacity weakens. This paralysis by process in housing becomes paralysis in economic growth, so when international institutions flag housing supply as a growth constraint, it is wise for us to listen. Canada does not lack capital, talent or expertise; what Canada lacks is permission.
Prime Minister Lester Pearson believed that governments reveal their priorities not through their rhetoric but through what they make it easy to do and what they make it hard to do. In Canada today, it is easier to create a new program than to reform a process, it is easier to announce than to approve, and it is easier to expand bureaucracy than to shorten timelines. That imbalance is not limited to housing, although housing is where its consequences are most visible, which brings us to Bill C-20.
Bill C-20 would create the Build Canada Homes corporation, the fourth federal housing bureaucracy and another governance framework and layer of administration. Let us apply the Pearson test. Would it shorten municipal timelines or eliminate duplication or endless review? Would it impose service standards or reduce the tax burden on housing? The answer is quite simply no, it would not. It would reorganize, but it would not reform, and that matters because the crisis we face is not a shortage of institutions; it is an accumulation of delay.
Build Canada Homes would not change zoning law, eliminate discretionary rezoning, impose firm timelines on reviews, reduce development or remove environmental duplication charges. It would add a new entity; it would not remove a barrier. If we do not fix time, we do not fix cost; if we do not fix cost, we do not fix affordability.
The minister said that we do not need to predict how this new agency is going to work; we already have some evidence. Those first six housing projects on federal lands announced by Build Canada Homes were presented as proof of momentum. They were proof that the new Crown corporation was hitting the ground running and already delivering, yet we know that those lands were already well under development through the Canada Lands Company, an existing federal Crown corporation. The sites had already been identified, transferred and prepared; planning work was already under way; municipal engagement had already begun, and in some cases, approvals were already advancing. Build Canada Homes did not unlock those sites; it inherited them.
We all know that rebranding does not increase supply, shorten approvals or break the chains of our process. If greater authority was required, it could have granted that to Canada Lands Company. Instead, the government has layered on another structure, while the underlying approvals system, with all its delays and costs, remains unchanged.
We have seen this pattern before from the Liberal government. The housing accelerator fund was introduced with similar language, such as urgency, speed and transformation. Billions were allocated, planning studies were funded, consultants were hired and zoning frameworks were reviewed, but did it eliminate discretionary rezonings, impose binding approval timelines or remove duplication? In many cases, it simply funded more planning. It did not remove process. Money was layered on top of delay and actually subsidized the paralysis.
Even the CMHC is not immune. Developers across the country report prolonged underwriting reviews, repeated revisions and changing requirements mid-process. The financing designed to accelerate housing is slowed by administration.
With every new agency or program, the signal from the government is very clear: The system is not optimized for speed; it is optimized for review. Review without discipline becomes delay, and delay without reform feeds the paralysis.
I find it interesting that when the government seeks to assist the auto sector, as an example, it works directly with the producers. It tries to strengthen their competitiveness; it secures investment for them and works to improve their supply chains. When the government wants to support farmers, it does not create some federal body that plants crops and raises cows. It backs producers, reduces risk and tries to expand markets. However, in housing, instead of empowering builders by reducing delays and costs, the government has created a new bureaucracy. Homes are built by builders, not by boards.
At the end of the Second World War, Canada faced a severe housing emergency as well. Nearly one million veterans returned home. Ten years of depression and six years of war had nearly halted construction. By 1946, the country was short more than 200,000 homes. Families were living in temporary huts and converted barracks. The crisis was immediate, yet Canada mobilized. Financing expanded, land was serviced, approvals were streamlined and authority was clear. Housing production increased dramatically through the late 1940s and early 1050s, and within a decade, that shortage was largely overcome. That is not nostalgia; it is a very clear example of urgency a time when the government treated time as the enemy.
It is easy for us today to frame this housing crisis as only about young Canadians. It is about young Canadians, but it is important to point out that scarcity affects every generation, because housing supply affects retirement security. When young families cannot afford homes, household formation slows. When household formation slows, economic growth slows. When that growth slows, pension sustainability weakens. When housing markets become distorted by undersupply, volatility increases, and volatility affects home equity. Home equity affects retirement planning. Reduced labour mobility reduces productivity, and that reduced productivity affects tax revenues, those same tax revenues that fund health care and pensions.
Housing supply is not a generational wedge issue; it is an issue of national stability. Boomers should care, mid-career Canadians should care and young Canadians already do care. Housing supply is tied to our nation's fiscal health. It is tied to productivity, and that scarcity harms us all. We know this is true because residential construction represents roughly 7% of Canada's GDP. With related industries included, nearly one-fifth of economic activity is connected to housing. When housing slows, construction employment declines, material production declines, mortgage lending slows, and retail contracts and government revenues shrink. Housing anchors fiscal health at every level, so when supply fails, the economic ripple is national.
We know that real reform is not about announcing new funds or new agencies. It is about removing friction: expanding as-of-right zoning, imposing building review timelines, aligning infrastructure funding with housing results, reducing the onerous tax burden, coordination across jurisdictions and holding departments accountable for time. None of that requires yet another Crown corporation. It requires government reforming itself at all levels. Following the same playbook of the last 10 years simply will not work.
President Kennedy warned about myths: the myth that comfort can replace courage, that process can replace decision and that more administration equals more results. Canada is living that myth right now. As we are trapped in that myth, prices rise, supply continues to fall, opportunity continues to narrow, growth continues to weaken and confidence continues to erode.
Prime Minister Pearson believed governments are judged by what they make easy and what they make hard. By that measure, we are failing. It is easy to announce, reorganize and create new agencies, yet it remains hard to approve housing, shorten timelines and remove duplication. It is hard to say “yes”, and Canadians are paying the price for that imbalance.
They see it in the cost of every home, the rent paid each month, delayed family plans and slower growth that affects retirement security and public finances alike. That is not abstract. It is absolutely measurable and absolutely reversible. We have built at scale before. We have mobilized nationally before. We have delivered transformative projects before, but the question before this House is not whether Canada can build; it is whether we are prepared to do it again, because when government makes it too hard to build homes, it weakens economic security across all generations for all Canadians. Canada does not lack builders, Canada does not lack capital and Canada does not lack the skill. Canada lacks permission.
We must restore urgency. We must restore accountability for time and restore clarity of purpose, and then supply will follow. Canada can build again, but not if we continue pretending that more bureaucracy is actual reform, and not if we continue layering announcements on top of delay.
For 10 years, Canadians have been promised strategies, funds, frameworks and agencies, and for 10 long years, affordability has moved further and further out of reach for every Canadian. Home ownership has fallen, rents have risen and starts have slowed. The crisis has deepened. This is not a failure of messaging or announcements; it is a failure of government. Repeating the same formula, another agency, another announcement, another layer, will not produce a different result; it will produce more of the same.
If we are serious about restoring affordability, then we must confront the truth. The obstacle is not a lack of government; it is too much government standing in the way. The answer is not a fourth housing bureaucracy; it is the courage to reform the system that created the delays in the first place.
Let us choose reform over reorganization. Let us choose timelines over talking points. Let us choose permission over paralysis. Canada can build again, but only if we stop repeating the costly errors of the past and start removing the barriers that caused this crisis and continue to make it worse.
Canadians deserve this level of urgency, this level of honesty. This nation has done it before, and we can do it again, but Canadians are running out of time. We must do it now.