Thank you. If you could find something on that to table with the committee, it would be very interesting to have it.
In my first round I was asking the Department of Finance about various tax measures that would incentivize housing construction, and having heard your comments, I think that is first and foremost on your mind. You want to see more houses built as quickly as possible.
I remember that when I was a young lawyer, one of the programs at the time was something called the MURB program, the multiple-unit residential building program, which basically allowed investors who would risk their capital on new builds to write off the soft costs and the capital cost allowance against their personal or professional income. That program in the 1970s and 1980s got hundreds of thousands of units built. That's why I'm harping on these recommendations in Mr. Richter's report. It seems to me that although it's good that the government is taking the GST off purpose-built rentals, there are so many other things you could do with the capital gains tax deferrals and various tax credits that are outlined in this report.
I know the Department of Finance doesn't want to talk about it, but I'm wondering if you could provide your thoughts on those types of measures.