Thank you very much, Mr. Chair.
Gentlemen, thank you for joining us today.
I think I'll start with Mr. Huddart.
Before I was elected to this fine place, my background was in the housing sector—housing development, housing management, etc.—for both for-profit and not-for-profit co-operative housing. You mentioned a housing development in which you were involved. Could you comment a little bit more on how you see social finance working in affordable housing development?
I know we're spending a lot of time talking about what the federal government can do in supporting social finance. What are things the provincial and municipal governments can do because I know for a fact that in housing, if you don't have the municipality on board, if you perhaps don't have the province on board insofar as providing rent supplements or these kinds of things to make these project viable, and if you don't have all three levels of government on board as partners, these projects don't work.
Maybe you could share a bit of your insight on the housing file, sir.