Thank you.
Welcome to the witnesses. It's a pleasure to have you here today.
To my colleague's question, I think it's important to note that when Mr. Poilievre was minister of housing, I believe there was $300 million for 99 units.
I think it's incredibly important that we move forward to build a significant number of units and to address the very real challenges for many Canadians. Certainly in my riding we're seeing a need for multiple types of housing. To me, focusing on affordable rental housing is a really important step forward.
I can start with you, Mr. Forbes, but certainly either of the witnesses can answer.
I'd like to begin with the Canada mortgage bonds. It certainly seems that we have taken the amount from $40 billion to $60 billion. What I'm really pleased about is the support for builders. I have heard from the construction association in my riding how grateful they are for this support and how it is linked to their being able to build multi-unit projects, including seniors' residences and student housing, and to expand support across a very complex housing need.
Could you speak to that policy? What do you hope to see in terms of units?