Mr. Speaker, to the member opposite, yes, there are families in my riding purchasing homes that are in the average of $700,000 to $800,000, which I admit is a high price for a new home, but it is the case in many parts of where I live in the GTA, the greater Toronto area. Cutting the GST on new home purchases for homes under $1 million, which is what the policy does, is actually very beneficial.
However, it is not the only thing we have done. We are also increasing housing supply through Build Canada Homes. I am sure I will get to talk more about housing with the next question. We have reduced mortgage insurance by 25%. We have amortized mortgages over 30 years to decrease payments. We have offered tax-free home savings accounts for the first purchase of a home. There are lots of things, which all compound to make it easier for people to buy a home.