Mike Moffatt recently co-authored a report with the Canadian Alliance to End Homelessness. I believe you know him, and you've written with him, as well.
I found that report very interesting. There were recommendations around tax changes. We haven't really talked much about it at this table, but it seems to me that there could be significant changes to the Income Tax Act that could incentivize home building. There could be things like allowing a deferral of capital gains tax, for example, when the money is invested in new low-income housing, or an accelerated capital cost allowance for a similar type of purpose.
I remember, back in my early days practising law, there was a program called the multi-unit residential building program, which allowed people to deduct the capital cost allowance against soft costs and personal professional income. That program got hundreds of thousands of units built.
What do you think of those types of approaches in addition to the zoning change?
One of the witnesses said here recently that we need the Swiss army knife approach to getting over three million houses built in this country by 2030.
Would you agree that these types of tax changes would be helpful?