Mr. Speaker, a new report from CIBC confirms what young Canadians already know: The dream of home ownership is slipping away. In fact, the bank says prices are too high to buy and that the average down payment in Ontario is now nearly $300,000. That is an impossible number. Behind that number is a young family who cannot buy a home, start a family or build a life. The bank says that, unless we cut the cost of homes, things will only get worse.
Our suggestion is to cut the cost of GST on all new homes. Will the housing minister agree to that?