Right on.
I'll come back to the question of a non-profit acquisition fund. In part because the previous Conservative government—and now this government as well—did not renew operating grants that were tied to mortgages for affordable housing as they came up for expiration, corporate landlords and real estate investment trusts have purchased those buildings and squeezed tenants. In some cases, they have evicted them. Now they want to let those buildings go all over again.
I think there is a concern in the conversation on a non-profit acquisition fund. It should not be set up in a way that it becomes a divestment tool for some of these larger landlords that have acquired buildings with affordable units and then branded them upscale.
I am wondering what kinds of guardrails you think should be in place for a non-profit acquisition fund to ensure that it doesn't become a divestment tool for the large financial interests that own those properties and is properly focused on ensuring that money spent is in the public interest and taxpayers are getting the maximum value.