Hon. Yonah Martin (Deputy Leader of the Opposition): Senator Gold, back in May, I raised with you the massive shortfall between the amount of housing the Trudeau government is promising and the amount Canada needs just to restore housing affordability by 2030. Earlier this month, the Canada Mortgage and Housing Corporation, or CMHC, said our country needs about 3.5 million more houses over and above what is already projected. This is roughly the same amount CMHC said we needed in a report released last year. So more than a year later, we haven’t seen progress.

Leader, your government first promised the Housing Accelerator Fund in 2021, yet it didn’t accept applications until this past July and it hasn’t built a single house. Why did it take so long for the Trudeau government to get an accelerator fund up and running during a housing crisis?

Senator Plett: Sounds like deceleration.