Thank you, Mr. Chair.
First of all, I would like to welcome my colleagues, particularly Mike Morrice, from the Green Party, who is joining us, as well as Francesco Sorbara and Peter Fragiskatos.
Mr. Fragiskatos, it was a pleasure to sit with you on the committee some time ago before you got promoted. So it's good to see you again.
The same is true for you, Mr. Sorbara. I hope there won't be any filibustering, since you are a master at it.
I'd like to thank all the witnesses for being here. Obviously, the housing issue is critical and of great concern to us. My questions will therefore be for the CMHC representatives.
First, I have a couple of technical questions about your most recent projections of the number of units that will need to be built by 2030, which were published a few days ago.
In your basic scenario, you take the average population growth over the last decade or so. According to the statistics, this average seems to have changed, and permanently. For example, today's headline in La Presse touts that Canada’s population growth hasn't been seen since the baby boom. You have to go back to 1957 to see such high increases, especially when temporary workers and foreign students are taken into account.
Mr. Dugan, do you think that the projections for the baseline scenario for immigration, or for population growth, rather, have already been exceeded?