Mr. Speaker, if you will indulge me for a moment, as Sunday is Father's Day, I would like to thank my father for his love and support to me and my three brothers, for the life lessons he taught us and for his humour, his compassion, his very practical common sense and his love of nature: happy Father's Day to Dad.
Let me get back to the matter at hand, which is Bill C-26, the so-called improving housing supply act. Before discussing the details of this legislation, it is important to recognize why housing remains one of the most pressing issues facing Canadians.
For generations, home ownership was part of the Canadian promise. If someone worked hard, saved responsibly and played by the rules, they could reasonably expect to purchase a home, raise a family and build a future in the community they loved. Today, that promise feels increasingly out of reach. Young Canadians who have done everything right are finding themselves locked out of the housing market. Many are delaying major life decisions. They are postponing marriage, postponing starting a family and postponing putting down roots in their communities because the cost of housing continues to rise faster than their ability to save.
According to the OECD, approximately 35% of low-income Canadian households are cost-overburdened, meaning they spend more than 40% of their disposable income just on housing. Renters are watching an ever-larger share of their income disappear each month, making it even more difficult to save for a down payment. The average rent on a two-bedroom purpose-built apartment in Canada rose 5.1% to $1,550 per month in 2025, and that is if one is lucky. In my home community of Hamilton, the 2025 average rent was over $1,600 per month. Under the Harper Conservative government in 2015, the national average was just $942 per month.
Increasingly, it has become a question of whether future generations will enjoy the same opportunities that previous generations of Canadians took somewhat for granted. That is why all members of this House should be focused on one goal: building more homes. Unfortunately, while there is broad agreement on the problem, there is far less agreement on how to solve it.
Bill C-26 is presented as a measure to improve housing supply. The legislation itself is relatively short. It is only two paragraphs. In essence, it would authorize the Minister of Finance, with a giant blank cheque, to make payments to the provinces and territories up to a maximum of $1.713 billion for the purpose of improving housing supply. It is a lot of money, and there is not a lot of indication as to whether there would be results. At first glance, that sounds like a big number and maybe that would achieve something. Canadians do want more homes built. The Conservatives certainly want more homes built. The question is whether the legislation would actually accomplish that objective. That is where concerns begin to emerge.
When Parliament is asked to approve $1.7 billion in spending authority, Canadians certainly have the right to expect a clear plan. They have the right to expect measurable objectives. They have the right to expect accountability. Yet, when members examine Bill C-26, they will find very little detail about what success looks like. How many homes would be built? How many housing starts would result from this spending? What benchmarks would be used to determine whether the money was spent effectively? What reporting requirements would exist to ensure that taxpayers could evaluate the results? This legislation provides few answers. Instead, Parliament is being asked to approve a substantial amount of public spending while placing considerable discretion in the hands of the Minister of Finance. If a municipality came before taxpayers asking for $1.7 billion, citizens would expect a plan. If a private company sought $1.7 billion from investors, shareholders would expect measurable outcomes. Surely Canadians deserve no less when it comes to federal spending.
Let me be clear. Conservatives support working with the provinces to increase housing supply. We support reducing the tax burden on new homes. We support measures that make it easier to build. The partnership with the Province of Ontario promises funding over a 10-year period to boost housing supply. However, in the announcement, there are no clear benchmarks on how many houses would be built. In fact, buyers, home builders and even the Government of Ontario are still unclear as to how this rebate would be implemented. In question period today, the Liberal government gave no clear answer to the question from our shadow minister of housing about when the rebate would be implemented.
Time and again, Canadians hear announcements. Time and again, Canadians hear promises. Time and again, Canadians are told that relief is just around the corner, yet housing affordability continues to worsen. The reality is that after Liberal housing programs over the past number of years, with billions of dollars spent and countless announcements, Canadians are still asking a simple question: Where are the homes? The CMHC cautions that Canada needs 430,000 to 480,000 new homes per year through 2035 to restore affordability to pre-COVID levels.
The government frequently talks about ambition, but Canadians are looking for results. The government frequently talks about investments, but Canadians are looking for homes. The government frequently announces new programs, but Canadians are asking why housing remains less affordable today than it was a decade ago.
One of the most notable aspects of Bill C-26 is the government's agreement with Ontario regarding the decision to remove the HST from eligible new homes. Conservatives have long argued that taxes imposed on home construction ultimately make housing more expensive. That is why we support lowering taxes on housing. However, we also believe that Canadians deserve something better than temporary measures and complicated rebate programs. Our position has been consistent: We would permanently remove the GST on new homes under $1.3 million. That would be permanent, not a one-year fix.
The Canadian Home Builders' Association agrees with our vision. It too would like relief on taxes to be made permanent. A permanent GST cut would provide certainty for homebuyers, builders and the housing market. It would reduce costs while encouraging the construction of additional housing supply. That is the difference between a measure designed to generate headlines and a measure designed to generate the building of homes.
Another concern is the government's continued focus on creating programs and bureaucracies instead of a focus on outcomes. Canadians do not measure success by the number of announcements issued by governments. They measure success by whether they can afford a home, whether housing starts are increasing and whether their children have a realistic path to home ownership. Those are the metrics that matter. Canadians understand that housing affordability will not improve because government creates another program, fund or bureaucracy.
After the introduction of the bill in March, between the months of April and May, housing starts decreased by 6%. That is not progress. Housing affordability improves when homes are built. That means reducing delays, accelerating approvals and ensuring that infrastructure keeps pace with growth. Conservatives believe that federal funding should be tied to those outcomes, and that is what we have proposed.
Municipalities that increase housing construction should be rewarded. Municipalities that continue to block growth should expect that taxpayers will not subsidize that failure. The objective should be simple: more homes built every year, not more paperwork, bureaucracy or announcements but more homes. Canada already has the workers, materials, expertise and entrepreneurial spirit needed to address the housing crisis. What is missing is a federal government willing to focus on results instead of process. Canadians are tired of hearing that help is coming. They want to see the homes being built and families getting a key in the door of the home they can actually afford. That is the standard by which the bill should be judged.
Conservatives continue to advocate for policies to get homes built. We continue to push for lower taxes on housing. We continue fighting to remove barriers to construction. We will continue standing up for young Canadians, families and workers who simply want the opportunity to own a home and build a future in this country. Canadians deserve those results, they deserve accountability for $1.7 billion, and most importantly, they deserve a government focused on building homes instead of building bureaucracy.