 Thank you so much Tim for your warm words, but thank you also for your great work here as as MP I want to thank as well our colleagues from the region Bardish Valery and Brian and also highlight Barry's presence Mara Banovic, it's great to see you again. We've worked together for many many years I'm glad to have you as part of this announcement because it really is important that all orders of government work together in Constructive ways. I think we've managed to demonstrate that over the past years many at many times in many ways But there's a lot more to do as always and that was something that we talked about when I sat down With Sean and Carolyn and Ian and Aline and their kids to talk about the challenges. They're facing as as communities obviously Sean and Carolyn have a beautiful home here that they bought a number of years ago But there's a recognition that as families look to get into the housing market right now It's getting more and more difficult and even as families save up and work hard Every passing year seems to get housing further and further away from them And that's one of the big challenges around affordability that we're focused on with budget 2022 And that's very much what what I want to talk about today We know that housing is a real challenge not just here in Kitchener, but right across the country And that's where we need to work together to solve it. We need to work together different orders of government We need to make sure we're there to support families because Getting a house into a home building a strong future for yourselves for your kids should be something accessible to all families across this country and More and more. It's just not but we also know it's a complex problem without having any one simple solution And that's why we're moving forward and have been over the past years with many different programs and approaches That are tailored to meet different needs across the country in budget 2022 We're focused on three main pillars. We have three pillars of our approach to fight the housing crisis We're going to keep the company in Congress by working with municipalities We're going to keep the Hem's family from being assigned with a new home for purchase of a first property And we're also against illegal speculative practices that make it extremely difficult for families to enter this market We're focused on three pillars, supply, savings, and cutting down on speculation. Around supply, we're going to work, as we have been, with partners in municipalities to move forward on the housing accelerator fund. What this is, is $4 billion designed to help cities and towns right across the country increase the supply of housing, whether it's issues around permits or zoning, whether it's land use studies, whether it's just accelerating incentives for construction. These are the kinds of things we're going to be working on with the cities, because we know we need to double the new housing starts in this country over the next 10 years, and that's what this plan is going to do. We're also going to continue with an extremely successful program called the Rapid Housing Initiative that has allowed for thousands upon thousands of new homes and new properties to be built over the past couple of years that will allow for thousands more very rapidly to ease off on some of the pressures that families are facing. We're also going to support with savings, and the big vehicle for that in Budget 2022 is a $40,000 tax-free savings account for the purchase of a first home. This account is tax-free on the way in and tax-free on the way out as you buy your first home. This is going to help incentivize and support families as they save up for that first down payment. There's also other measures that we've put in over the years that will be there to help people save, but we know that saving up for that first home is really important. The third pillar is recognizing that even if there's a house there, even if you've saved up for it, there are unfair practices in the real estate market that we need to push back on. First of all, far too many homes in this country are being bought by foreign investors, looking at housing as an asset class as opposed to a place to raise a family, and that's something we need to crack down on. So we're going to ban foreign buyers in homes for the next two years to make sure that Canadians have an opportunity to buy their homes and not see homes prices driven up as asset classes. The other thing we're going to do is make sure we're standing up for home buyers. The Home Buyers Bill of Right and I crack down on unfair practices like blind bidding and others that just make it so difficult and heart-wrenching as people are trying to find their first home. These are all measures that are concretely moved forward over the coming years in easing the pressures on families and giving people an opportunity to be confident not just about their future, but about their kids' future as well. And that's something we talked about a lot as we were talking about climate change, we were talking about the various pressures on families, the challenges of inflation and the cost of living, while at the same time looking at how lucky we are in Canada that we were there for each other as much as we were through this pandemic. As we come out of it, we have an opportunity to build stronger, more resilient communities and that's exactly what we're focused on with Budget 2022 and with everything we're doing. It's a great pleasure to be here today to share all that we're doing at the level of the cost of life, which is the phase of this budget, but we have a lot of work to do that we're going to do together in the coming years.