Mr. Speaker, as a city councillor for many years, I saw the municipality streamline its processes. The member is quite right. The private sector is building homes, but for 30 years, communities have expected provinces or the federal government to build non-market affordable housing. Guess what: The private sector does not build that kind of stuff. Why? It is because it has a profit imperative. Look, I have an economics degree. The private sector wants to maximize its profits. It wants to pay higher wages and all that stuff. It is all fine, but there is a gap. Build Canada Homes is going to fill that gap for true market affordability.
In the House of Commons on March 13th, 2026. See this statement in context.