I agree with everything Ms. Renault has said. We do acknowledge that the federal government has put money in place to address issues of homelessness. A lot of that is actually being funnelled through public projects--some places are being built; they're providing services. What we're trying to encourage is more apartments to be built by the private sector. We cannot meet the need with just publicly funded units. We need to have the private sector building apartments, and we need to increase the incentives so that they'll actually build rental apartment buildings rather than condos.
As an example, here in Victoria, numbers from CMHC show us that the cost for building a rental apartment per door is three times as much as building a condo. So the private developers in the city who get the land are building condos, which is taking a lot of units out of the market. If we could change the tax structure so that we could get more private developments going, then we can increase the number of apartment units in Victoria and keep the prices down.