Mr. Speaker, the hope of ever owning a home is slipping away for young Canadians. Nearly half of young Canadians are being forced to move out of the communities they grew up in because they can no longer afford the Liberal housing hell.
From 2019 to 2024, for every 100 new adults added to our population, there were only 12 housing starts intended for ownership. This is less than half the pace of previous decades. Now, a new CIBC report confirms what young Canadians already know: Homes are still too expensive to buy and not profitable to build.
After years of Liberal rhetoric and red tape, when will the government finally scrap the GST on all new homes and let young Canadians build a life?