Not good enough. We need at least 1 million new homes a year. We need to force municipalities to allow for mixed-use zoning so that we don't only create single-family homes in suburbs that are largely disconnected from transit and amenities. We need to discourage urban sprawl and incentivize mass transit.
The Liberals know this because they talk to developers and municipalities and want their centrist "compromise" to be the solution. It won't be, it'll just be another half-measure that the Conservatives can point to when they want to highlight the poor spending choices of the opposition.