Yes.
We know of many projects that are stuck right now because of the rising cost of borrowing, so it's important that we do two things. One, the rebate certainly helps, but from the co-operative housing sector's point of view, the second very important thing is that the federal government launch as soon as possible the co-op housing development program first committed to in budget 2022. There is a lost opportunity cost in the time that it has taken to get this program to market, and we know of many projects that are waiting for this program to launch that would be ready to go.
We are very appreciative of the rebate. We know that the fall economic statement has also increased the contribution level to the co-op housing development program. That is absolutely critical to making the program create projects that are economically and socially viable and at an appropriate affordability level. All that being said, we would really love to see the program launch as soon as possible.