Thank you for the question and for your support. It's nice to see you.
In short, yes, we need to convert as many opportunities to the co-operative housing model as possible. I'd be interested in learning more about the group's ideas and can certainly touch base to explore that opportunity in real time.
As well, one of the benefits of the language in the federal budget is that we are engaging in a co-design process with CMHC to make a program that is co-designed with the co-op housing sector to make sure that we can convert as many opportunities to co-op housing development as possible.
I will say there's a bit of a caveat—and I did mention it earlier in my presentation—that we need to find a way to bring co-op housing assets closer together because we have a very disaggregated asset base. A disaggregated asset base makes it harder to renew ongoing co-operative housing developments and to ensure ongoing good and sound asset management.
As much as possible, through this opportunity, we should be looking for ways to bring groups together to develop opportunities at a greater scale than what we saw in the earlier federally funded programs.