Yes, it really is. Right? Think about that for a moment, Madam Speaker. There was resistance the entire time that they had been in office to eliminating a tax, which we believed, if we eliminated that tax—because Progressive Conservative believe that. We believe that if you eliminate taxes, you help unleash the economy. And do you know what that brings in? That brings in more revenue so you can support the programs that are vital to the people of the province of Ontario.

But think about how important it was, that acknowledgement. I give Minister Fraser credit. Even if the rest of the federal government is not on side, I give him credit for recognizing that by reducing taxes in this instance, we could see more housing starts across the province of Ontario—purpose-built rental housing. And that is a huge acknowledgement.

Again, I will say very vocally and in a very public fashion that that same spirit of tax-cutting, I think, would benefit the entire country if we looked, for instance, at the carbon tax and some of the other taxes that are standing in the way of us really tackling this housing crisis not only across Ontario, but across the country. I am very heartened to see that in other parts of Canada, they are starting to follow some of the things that we have done.

We’re starting to hear it more often, building houses around transit. We call it transit-oriented communities, but we’re starting to hear about it more and more often, that other jurisdictions are doing that. We’re hearing about British Columbia, how they have now set housing targets for their larger communities. Of course, we have done that, and that’s something that we have championed for a long time, but there’s no point in setting a housing target if you don’t give your communities the opportunity to succeed. So that is a very real part of what this is.

Now, on top of that, you will recall we brought in the Building Faster Fund. The Building Faster Fund is another tool that is put on the table for our municipal partners who not only meet their housing targets, but if you exceed the housing targets—and we want everybody to participate. There should be no community across the province of Ontario that isn’t willing to participate—and frankly, Madam Speaker, they are willing to participate. They are willing to participate. We’re hearing this from our partners across the province who are reaching out to me, each and every day, saying, “We want a housing target. We want to be able to participate and help provide housing for the people in our community.” I’m hearing from a lot of communities that are saying, “Look, we’re bringing jobs and economic development into our community for the first time.” Lower energy prices and the work that the Minister of Economic Development, Job Creation and Trade is doing have helped unleash the economy, and people want to participate.

For the first time, we’re seeing people staying in communities that they would have otherwise left. I look at southwestern Ontario and the extraordinary work that our farmers are doing, the greenhouse growers in that community. They need housing to support what is an incredibly important part of our economy. The tourism industry, responsible for billions of dollars of economic activity—all very important and part of the reason why people want to come to the province of Ontario.

So at its heart, Madam Speaker, this is another step in the way of eliminating obstacles to building more homes across the province of Ontario. It’s not the final step; let me be very, very clear on that. It is not the final step, just like none of the other bills that we’ve presented have been the final step. It is another step. There will be more to come.

But I can tell you this, Madam Speaker, that unlike the opposition, who were in government for 15 years, we will not let the people of the province of Ontario down. We will meet our goals, we will build 1.5 million homes and we will ensure that the next generations of Ontarians, those who are living in their parents’ basements right now, have the opportunity to realize their Ontario and Canadian dream, like so many generations did before.

With that, I will yield the floor to the associate minister.