Thank you very much, Mr. Chair, and thank you all for coming.
I would like to step back for a second and perhaps challenge some of the axioms that underlie what we're looking at here.
First, I would like to challenge whether or not home ownership is the be-all and end-all. As we heard earlier today, Canada has the highest home ownership rate in the developed world, and I'm wondering whether or not we have a lack of rental units for families outside the social housing space. If someone wanted to rent in that space for a family, could they even find something appropriate in the markets we're talking about, outside of the social housing space?
I'm not sure if anyone has looked at that on the panel, or whether or not we have a lack of affordable rental family homes or affordable homes of a particular quality and style that first-time buyers, or more importantly, second-time buyers are looking at.