That's fine, Mr. Chair.
For their service on the finance committee, I'd like to thank Sophie Chatel, Heath MacDonald and former parliamentary secretary and now cabinet minister Terry Beech. Congratulations to Terry.
I'd also like to give a big welcome to Joanne Thompson, Patrick Weiler and Rachel Bendayan. I'm looking forward to working with you all.
Thank you, merci and meegwetch to everyone for coming today. You're great panellists.
My questions will focus on Mr. Rabidoux in my five minutes, or whatever is left, but please don't take that as any sign of disrespect. I'm sure you all have valuable contributions to make.
Mr. Rabidoux, you commented with some level of detail on the Canadian housing situation, in particular on how dire the situation is in terms of the doubling of mortgage and rental costs and the inability of Canadians to obtain reasonable housing. I'm wondering if you might be able to start our questions and answers by talking, as briefly as you can, about the current landscape and what you see coming in the Canadian housing market in the next six to 12 months.