Thank you, Mr. Chair.
Thank you to our witnesses for appearing today.
Dr. MacKinnon, in your opening statement, you talked about the challenge Canada faces in terms of losing far more social and affordable housing than we're building. I think Stephen Palmer has estimated that it's a ratio of 1:15. We're losing 15 social affordable units for every one unit we're building.
I'm wondering. There was a decision taken under the Harper Conservatives, which was largely continued by the new government, to end operating agreements and mortgages for affordable and social homes that were built decades ago. It was a decision, as those mortgages expired and the operating agreements expired, not to renew those agreements. I wonder if you can speak a bit to how that helped precipitate the loss of a lot of social and affordable housing over the last 10 or 15 years.