Thank you.
One of the items you commented on in your report was that, “In economically free environments, the persistence of income status through inheritance at birth is massively eroded.” Those are your words. Therefore, in an economically free environment, people are able to succeed and you don't have the disparity of wealth created by inheritance alone. However, at this committee, we heard in our previous study about the real divide in Canada now between those who own real estate and those who do not and the concentration of wealth among those who owned property before inflation took hold.
Do you have any views on the distortions and whatnot that may come as a result of the doubling of housing prices over the tenure of this government?