Mr. Speaker, first and foremost, we are in a housing crisis in Canada.
Affordability is a challenge for too many Canadians: finding an affordable place to live, finding a place to live at all for those who are at risk or are homeless currently. We need to take action here. This is a dedicated agency for affordable housing, for non-market housing, the supply of which is short in Canada compared to our peer countries in Europe, where there is several times more non-market housing. We need an agency that is dedicated to that.
We are in a crisis. That is why it is urgent that we have this agency created as a Crown corporation with the powers and accountability that enables, ensuring that we are taking action and delivering results as the Government of Canada, partnering with provinces, territories, cities and indigenous governments, and ensuring that we are delivering the affordable housing Canada needs.