Thank you.
We had Professor Ian Lee here last week from the Sprott School of Business. I have his quote here. I want to read it to you. He said:
If you look at the sheer magnitude and you accept CMHC's number for a shortfall of 3.5 million units by 2030...the idea that governments, plural, can handle the majority of that 3.5 million...is preposterous.
He goes on:
What it means is that it is going to be fundamentally the private sector that's going to have to be involved...[for] the vast majority of housing that needs to be built....
He goes on, but do you generally agree with that sentiment?