Good afternoon. Thanks to all of the witnesses for joining us today.
This was our affordability measure, Bill C-4. We've been asking a lot of questions on the housing.
Mr. Moffatt, if I may, I'll direct a question to you.
One of the persistent challenges in the housing market, which you bring up, is the taxes and fees that different levels of government have been laying on homeowners or new-home builders.
How does removing the GST on new homes under $1 million help these individuals? Can you comment on that?