Thank you, Mr. Chair.
Mr. Butler, it's good to see you here at committee.
Can you talk a little bit about the affordability crisis? People know that housing is very expensive in Canada, but I'd like to hear some of your street-level experience with young people trying to buy homes. I fear that we have actually already descended into being a country where, in many cities, there are really two kinds of families: those who already own real estate and those who maybe never will. Families, through co-signing and sharing equity in existing homes, are what it takes to make home ownership possible.
Can you comment, at the individual consumer level, about the challenges and barriers to home ownership?