Thank you. That's very helpful.
Now I want to go back to housing, since it's top of mind for all of us, and rightfully so. If you ask any resident of any of our ridings, they will indicate that it is the top issue for them, in addition to other affordability-type costs.
Senior Deputy Governor, I think you were talking earlier about how there needs to be an increase in the supply of housing. I think both you and the governor indicated that.
We've been doing a study around inflation and housing. We've also heard of other things that have really contributed to the housing issue we have now. There's the lack of vacancy rent controls, long wait times for approvals and funding at all levels of government, and dysfunctional landlord and tenant boards.
I wonder whether you would agree that in addition to the fact that we need to be building more supply, there are other issues that need to be worked on at all three levels that would be helpful in addressing the housing needs that we have now.