Finance committee  Well, let me refer to a couple of things. I'll start the answer and then I'm going to turn it over to Murtaza. In 2014 and 2015 there was a pilot project in Ontario whereby when developers brought in proposed redevelopments. They had their architects and they had their engineers

Finance committee  I'm going to defer to Professor Haider to help me with this answer. Go ahead, Murtaza.

Finance committee  That's a very difficult question to answer. Unless there's some way to force the three levels of government to work together on housing.... I'm not a politician or a lawyer. Because you have different parties that are controlling different provinces, it has to be non-partisan. Th

Finance committee  Well, there are definitely all three levels. There's supply. There's demand. There's trading. Real estate trading is governed by the province. Supply is determined by both the provinces and the municipalities. The federal government has the overview and purview.... I just want

Finance committee  Definitely we responded that one of the major contributing factors is lack of supply. I would also like to add that the trading system of how Canadians buy and sell properties is completely contributing to inflationary prices. Last year, on the multiple listings services, which

Finance committee  Mr. MacDonald, I'm going to defer to my colleague, Professor Haider, to answer that.

Finance committee  Thank you, Mr. Chairman and honourable members of the standing committee. My name is Stephen Moranis. I'm a former president of the Toronto real estate board and a former director of the Canadian Real Estate Association. I am here today with Dr. Murtaza Haider, a professor of rea