The 3.5 million is an enormous undertaking. It's not something that CMHC or the federal government can do alone. Basically, an all-hands-on-deck effort has to happen with the private sector and different levels of government.
I think it's a very ambitious goal. It's going to be difficult to attain. I don't see how we'll attain it with the current environment. We have high interest rates and high material costs. The unemployment rate has come up a bit, but it's still 5.5%, which is very low. There's not a lot of labour.
We need to come up with very innovative ways to build by using existing capital and labour in order to get this job done. Because innovation hasn't happened yet, it's hard to point to a solution. It's going to be difficult, but hopefully we can do it . It's an important objective, because affordability is so important.