Thank you, Mr. Chair.
I obviously want to find solutions to the housing inflation issue rather than inventing cute but useless nicknames.
Mr. Cross and Mr. Perrault, you both said that the core issue is population growth related to immigration. In some parts of the country, there's more immigration and therefore more demand for housing. This is a federal policy issue, but the policy to increase the supply of housing units in the market is a municipal issue. Recently, our Minister of Housing announced that a summit will be held next month involving the federal, provincial and municipal levels. The key is to coordinate our policies to ensure that the municipal level can create more housing.
My first questions are for Mr. Perrault.
What advice would you give us in relation to this summit? What barriers are preventing the municipal sector from creating the supply that Canadians need?