As I was mentioning earlier, for a city of Toronto project of about 200 units at 600 square feet per unit, if the province joins in with you, our calculation works out to about $48,000 per unit being saved through that tax treatment.
There are projects under way right now that aren't going to qualify for that tax treatment because it's only for new projects, not projects already in the pre-build phase. We know there are big projects in Toronto right now that don't pencil out. They will either be cancelled or flip to condo versus being purpose-built rentals, so sliding the date back as much as possible would be appreciated.