Finance committee  Well, I think the funding going our way is actually going your way as well. What we're here promoting is our hometowns, and these belong to you. They belong to federal members, provincial members, and of course municipalities, but we are right there in the trenches every day, so when we strengthen what we do, it's actually strengthening you as well.

Finance committee  Housing that is affordable for newcomers, young families, the middle class, and seniors lays the groundwork for a healthy community and makes good economic sense. The housing sector represents 20% of Canada's GDP. A stable and secure housing system is essential to community and economic growth, and for every dollar invested in housing we earn back $1.40 in GDP.

Finance committee  Yes.

Finance committee  Thank you very much, Mr. Chairman. Ladies and gentlemen, it is a pleasure to be here today. It's my pleasure to be here today. I appreciate the opportunity to convey our thoughts on Budget 2015. The Federation of Canadian Municipalities is the national voice of municipal governments across Canada.