Okay. Thank you.
I want to touch on some of the different tax treatments that might be available to incentivize the private sector and home construction.
I remember that back in the 1970s and 1980s, the multi-unit residential building program allowed people investing in real estate to take the capital cost allowance and soft costs against personal and professional income. I noticed that in your submission to the finance committee, you talked about how one thing that could be done, for example, is deferral of the capital gains tax and recapture of the capital cost allowance on the sale of rental housing if it's reinvested in rental housing.
There are other things that could be done, too, but I wonder whether you could comment on the tremendous potential of tax incentivization to help bring a solution to this problem.
