I have a related question.
The countries in Europe that are dealing with the housing crisis most effectively include Holland, France and Austria. Compared to Canada, those countries have a larger share of off-market or public housing. I am referring to non-profit housing organizations, true social housing and co‑operatives, for example.
In France, more than 20% of all rental housing is off-market housing. In Canada, it is just 5%. So we are really a long way off.
I know that the Minister of Housing, Infrastructure and Communities, with whom I have spoken, has a target of about 8%. I don't know if he will reach that next year, but I don't think that is very ambitious.
Do you think we could learn from those countries and work toward a larger share of off-market units in our rental market?