The former leader of the Liberal Party came in front of a committee that this House had brought forward and said that the housing crisis started under the previous Liberal government. You know why? Because of red tape, because of high costs that stifle the ability to build more homes. And now we’re seeing the exact same thing: They’re supporting high interest rates because of their federal cousins—high interest rates which are making it impossible to build more homes and puts many people, thousands of people, out of the market for those new homes.

Working with our municipal partners, we have heard one thing over and over and over again: The infrastructure deficit that was left behind by the previous Liberal government is stopping them from building the hundreds, the millions of homes that are needed. So while we will continue to work with our municipal partners, we’ll actually give them the tools they need to build not hundreds of homes but millions of homes, and that’s what today’s announcement—