Madam Speaker, I thank the hon. member for her kind comments and opening remarks. Indeed there is a strong role for the federal government in the area of housing.
Canada has one of the best housing systems in the world. It has many players working together to meet the housing needs of most Canadians across this country. The Government of Canada is working with other levels of government, private sector organizations and communities in undertaking a number of important measures to address the housing needs of Canadians.
In Canada more than 80% of Canadians are able to find a safe and affordable home using their own resources, either by obtaining a mortgage and buying a home or by renting in the marketplace. We are proud of that.
For those Canadians who need assistance to meet their housing needs, the Government of Canada is making substantial public investments to create new social housing, to renovate aging existing social housing stock and to provide support to the homeless and to those living in first nations communities.
In September 2008 our government committed $1.9 billion over the next five years to help the homeless and to improve and build new affordable housing for low-income Canadians. I can say that it was very well received by the stakeholders and those I had the opportunity to speak to.
Providing five years of funding for housing and homelessness initiatives gives us an opportunity to consider improvements, to address housing and homelessness challenges and to ensure that programs respond effectively to the needs of Canadians.
Canada's economic action plan builds on this, with a further investment of more than $2 billion over two years. Canada's social housing is a crucial part of our national social safety net. Our government spends $1.7 billion, primarily to provide affordable housing to some 630,000 Canadian households.
We recognize that some housing needs to be repaired and upgraded. Canada's economic action plan will provide $1 billion to renovate some of these older projects and upgrade them to meet modern energy efficiency and accessibility standards. This will help improve the quality of life for residents of these communities and ensure that their homes will continue to be available and affordable for future generations.
We will also be investing $475 million in new housing for low-income seniors and people with disabilities. This funding will help Canadians on fixed incomes to continue to live independently and remain in their communities.
Our government also recognizes the special needs of first nations and first nations communities. Housing in first nations communities and in the three territories must be improved. That is why we are investing $600 million to build new social housing and to repair and modernize existing social housing in first nations communities and in Canada's far north.
Remarkably, overall Canada's economic action plan provides $7.8 billion to build high-quality housing, stimulate construction activity, support home ownership and enhance energy efficiency, thus providing new jobs and renovated houses for Canadians in communities across this country.
I assure my hon. colleague that the Government of Canada is taking meaningful action to address the needs of affordable housing.
Before I conclude, I must point out that I find it quite difficult to understand how it is that this member's party has voted against every single measure we have put forward, as I have just mentioned, to improve the lot of vulnerable Canadians who need our assistance in regard to housing and homelessness.
They may disagree with some parts of the plan, but there were portions in there addressed directly to some of the issues raised by this hon. member. How is it that one would oppose the budget without having read it or without understanding what was in it? I find that very difficult to accept.