Finance committee  We tend to agree. With respect to individuals, for example, the Canada Mortgage and Housing Corporation plays a major role in reducing, if not virtually eliminating, the risk of anything that can be described as an insured loan. It eliminates the risk faced by financial institut

Finance committee  That's another excellent observation. Property developers do not have the luxury of keeping their prices where they are and believing they'll be able to sell or rent their buildings. Yes, there's a housing shortage, but consumers won't necessarily be able to pay $2,400 a mont

Finance committee  This is a step in the right direction because new units increase supply, but it will probably not be enough. We heard earlier about Quebec's housing shortage, which is expected to be around 860,000 units by 2030. The CMHC also projects that Canada as a whole will be 3.45 mill

Finance committee  That's a very good question because, like other sectors, the construction industry is experiencing a labour shortage. However, things are a little more severe in the construction industry. We know that Quebec's construction industry has a particular set of labour market regulati

Finance committee  Good morning, Mr. Chair and members of the committee. That's a very good question. First, I would like to clarify something. The Canada Mortgage and Housing Corporation, a federal institution, estimates that 860,000 housing units must be built by 2030 to eliminate the housing d