Mr. Speaker, more than half of Canadians say they are struggling with the cost of living.
Yesterday, a report from the National Housing Council confirmed that the government is not making housing more affordable for Canadians. It also said that the Liberal government's national housing strategy is only meeting a fraction of the existing need. After six years of half measures, the housing affordability gap has only increased and Canadians are paying the price for the government's failures.
When will the Liberals stand up for Canadians by cracking down on housing speculators and make the needed investments to build 500,000 units of social and co-op housing?
Ahmed Hussen (Liberal) Minister of Housing and Diversity and Inclusion
Mr. Speaker, we thank the housing council for its work, and we commit to closely examining the recommendations contained in the report that it prepared.
We are the government that reintroduced federal leadership in the housing sector. We have brought in significant resources through the national housing strategy, which has grown from $40 billion to over $72 billion. The hon. member mentioned the co-op sector. We are the government that saved the co-op sector, after it was abandoned by the Conservatives, to the tune of $318 million, which would guarantee subsidies for a long time for the most vulnerable members of the community.
