Thank you, Mr. Chair.
Thank you, professor, for all the answers and elements of analysis you've presented to us. They're very interesting and we'll be looking at them carefully.
Mr. Cardinal, in your presentation, you reminded us that construction costs have risen by 40% in recent years. What's more, the rental housing stock is in need of major renovation, but here too, renovation costs have skyrocketed. Meanwhile, the purchasing power of tenants has not increased at the same rate.
What would be solutions to be able to renovate the rental stock and ensure the construction of rental housing, while preserving tenants' ability to pay?