There were three years of extreme immigration, when almost 3.5 million people came to Canada.
Canada itself, the government, has done a fantastic job on immigration for decades. It's one of the most important, possibly one of the best features of our country. However, 3.2 million people coming in an incredibly short period of time created such an impact on housing resources. It also impacted health care resources and education resources, but it absolutely created a devastating impact on housing. New Canadians rent. They don't just appear and buy a home; they rent. The rental rates in Canada soared in every province except Quebec. That has had a really severe economic impact on so many Canadians and, unfortunately, on young Canadians and lower-income Canadians. The rise in rents was so spectacular that it impacted everyone.