Mr. Speaker, Toronto-area home builders reported the worst January on record since 1981. Last month, only 269 new homes were sold in the city of Toronto. The slump in new-home sales has lasted longer than the downturn of the 1990s.
Because of these Liberals, the dream of home ownership is gone for many Canadians. We already know that the Liberal housing plan is dead on arrival. That is because, according to CMHC, new housing starts will drop every year for the next three years. However, instead of getting government out of the way to build new homes, the Liberals are building a fourth government housing agency. Count them: the Department of Housing, CMHC, Canada Lands Company, and now Build Canada Homes, a fourth bureaucracy to employ Liberal cronies.
Instead of building another government agency, the Liberals can adopt our Conservative plan to take the GST off all new construction and for all new homebuyers, so Canadians can afford to buy a home.