Thanks very much, Mr. Chair.
We've been talking a fair bit today about the government's plan to provide a GST exemption on new rental builds. There has been a proposal by Pierre Poilievre, the Leader of the Opposition. He has presented a private member's bill in which he proposed to provide the GST exemption on new rental builds only to below-market units.
My question is this: What would be the difference in impact between providing a GST exemption only on the new rental builds, as Mr. Poilievre has proposed, versus the plan the government has put forward?