Thank you, Chair.
Thank you, witnesses, for your testimony so far.
Housing affordability is a super important topic. You can't make it through a bakery or a grocery store—certainly in Vaughan, and I'm sure in the rest of the country—without this topic being top of mind, especially for young people or growing families trying to find suitable homes.
Ms. Toor, a new Remax survey found that 65% of Canadians say they would make at least one major compromise to afford a more sustainable home. We see that 63% would relocate. More than 60% cite affordability as a consideration for where to buy, and people are taking second jobs or asking family for help.
From what your members are seeing, are Canadians now being forced to make increased financial sacrifices to qualify for mortgages?