People often think that, given the housing crisis, we should look to office buildings to convert them into apartments. Unfortunately, these buildings are not designed for that. It's hard to create a windowless room in the middle of a building. You understand that, for safety reasons, this is becoming increasingly complex. What it takes to successfully convert office buildings into rental buildings is a significant investment. In fact, the City of Calgary paid a very high price to carry out such conversions.
We're not at that stage yet in Montreal. There have been a few attempts, but I would suggest to you that this is not how we're going to solve the housing crisis.
