Mr. Speaker, tax relief is certainly welcome, and it is, frankly, long overdue from the government, but the bigger tax cuts that its members are talking about will save families $70 a month. We are dealing with families that are looking at $5,000-a-month mortgages or more.
Equifax is reporting that the mortgage delinquencies in Ontario are at the highest level ever recorded; they are up 70%. This is not a coincidence. It is certainly not a surprise.
Instead of building a third federal housing bureaucracy, why do we not just get more homes built?