The short answer to your question is that, yes, I agree: It's mostly within the provinces and the municipalities. They set the rules and the regulations that roughly determine how many housing units get built.
Obviously the private sector puts a lot of capital up and it wants to build a lot of housing. However, the rules of the game are set, for the most part, by the provinces and municipalities. That's why we conducted a survey jointly with Statistics Canada. The results were published in June or July. The survey looked at regulatory burdens across Canada, and it found that the burden was quite heavy in the Toronto area and in the Vancouver area, which correlates fairly well with the lack of affordability in those areas.
Clearly, anything to accelerate approvals, speed up processes or create certainty—all of those actions—would really help. I think one of the concerns is that if there were, hypothetically, tax provisions that would be brought forward, builders would still have to face the reality of uncertainty in the regulatory processes at the local levels.