Mr. Speaker, promises do not build homes, builders do. The Prime Minister promised Canadians 500,000 new homes per year; instead, he is delivering a new housing bureaucracy that will build just 4,000. It is another Liberal bait and switch.
Housing starts are collapsing, down 49% in the GTA, 65% in Toronto. Even Vancouver is falling. Families are now spending 55% of their income just to keep a roof overhead, the worst in the G7. Homelessness is doubling, and 70% of Canadians say owning a home is impossible.
The Prime Minister says that he is working with local governments to solve this crisis, but municipalities call that nothing more than passing the buck.
Canadians know the truth. The Prime Minister builds bureaucracy, not homes. Canadians cannot live in promises. They need homes.