Thank you, Mr. Chair.
Mr. Giroux, I have two questions, if it's possible for you to answer both in the time allotted to me.
A few days ago, you published a report on the housing backlog in Canada, and you say that we should have 1.3 million additional housing units, whether houses or apartments, to close the gap. The Canada Mortgage and Housing Corporation, on the other hand, is talking about 3.5 million units for the same period. How do you explain this difference between your two analyses?