Finance committee  We're coming down to the end of the road. We'll be giving our report towards the end of June, just before the summer break. It's been extended because of the COVID situation. We had to do more of it online, and that required a pause. We have three working groups creating policy

Finance committee  I would pause you there. I think that your characterization there isn't accurately repeating what I said.

Finance committee  I would say that Mr. Siddall was very strong at talking about housing wealth and intergenerational tensions, and he had this lovely speech about how he wakes up thinking how he would ask his mom to help him solve the housing crisis. That's very in keeping with Gen Squeeze languag

Finance committee  There are two parts to that question. I'll take the second part first. It's absolutely essential for us now to be thinking about investing in particular in green energy-efficient co-ops. As this big gap between home prices and earnings grows, we need to be thinking that more and

Finance committee  First, I think you deserve a great deal of credit for putting in place the child care funding that is actually, for the first time in my professional career, really meaningful at the federal level. Fifty years after the recommendation from the Royal Commission on the Status of Wo

Finance committee  I think that's true, although I do see solid efforts of governments working together. Municipalities can do zoning issues. That's really critical. Then senior levels of government need to come in and think about how they're shaping both the injection of new supply—we need more co

Finance committee  When you're talking about my own research work, yes, I do.

Finance committee  The evidence does give good reason for us to think about trying to cut taxes for middle and lower earners, which will create efficiencies, and compensate by asking folks like me who are now the 9% of Canadians who have homes worth more than $1 million to contribute slightly more

Finance committee  In this particular moment, you and I are talking about the possibility of reducing taxes on earnings and trying to find revenue elsewhere. The focus of the lab is much broader than that. That's why we're looking at things related to monetary policy, lending policy, a broad catego

Finance committee  That's a great question. When I was working to think through how we would facilitate engagement with people through the solutions lab approach that CMHC has on tap, I wanted to pick up on a working relationship that we'd had with Watershed Partners in the past. I approached Char

Finance committee  Yes. That's also a great question. One of the strengths of Watershed is to bring a really process-oriented approach to guiding co-construction of ideas. They led us through the first two sessions of our lab, which went well, but then as the participants were pushing us to look a

Finance committee  Thank you very much. I was in the midst of giving an energized Zoom experience, talking about how government efforts to pick the low-hanging fruit on housing affordability had proven to have limited lasting influence to dampen down home prices or close the frightening gap betwee

Finance committee  No, that's not accurate. As I just described, we're looking at a range of policy issues that entangle everyday households, mine included, in counting on home prices rising faster than earnings. We actually are focusing on three areas directed by our participants: monetary and len

Finance committee  I'm so pleased that you are focused on it. These are important issues and I welcome that. If you look at the text, it's clearly talking about public finance, of which tax policy is one, and that's a very broad category. I think what you're wanting to get from me is some sort of—

Finance committee  —I have never had any conversation with any MP, any minister or any senior bureaucrat who has ever asked me to come to consult on the design of a specific tax policy with regard to housing.