Just to build on Evan's comments, when you look at the national housing strategy, you see that two of the key programs within the national housing strategy are the national housing co-investment fund and the rental housing construction initiative. These two programs are intended to support the creation of supply. As Evan mentioned, it does take time to create the supply. We're nearing the three-year mark of the national housing strategy and we're making progress in terms of meeting our targets. We're on track.
In combination, these two programs will lead to the increase in the affordable housing supply in excess of 125,000 units, but that's over a 10-year period.
One thing that's really important for CMHC is we have teams in place across all regions of Canada working with for-profit and non-profit housing providers to support the creation of housing supply. However, we recognize that these programs alone are not enough. We need to bring more partners to the table, so we have people on the ground working with municipalities and with the private sector to investigate any other opportunities there are to support the creation of housing supply.