Mr. Speaker, if all that wishful thinking would actually solve the problem, we would not have a problem. I think the member will agree that we actually do face a housing affordability crisis.
I just want to give a couple of examples of the government getting in the way. In a British Columbia setting, we have the provincial government chasing away investment dollars that drive the pre-sale market, which is one of the pillars of condo market financing. Number two is the national building code driving an aggressive green agenda that is not tied to economic reality. Third is the wild west in development cost charges by municipalities that is taking any profit away from builders. I was talking to one land developer who says that until there is a change in attitude, they are leaving their money in a GIC, which is much safer and returning a better profit these days.
