Thank you very much.
Thank you to both gentlemen for being here today. I'm fairly passionate about two areas, housing and cooperatives, so it's a great panel for me this afternoon for sure.
I want to start with you, Mr. Richter. You alluded to the fact that there could be a role for social enterprise in creating affordable housing. What exactly would that model look at? Who would be the partners, and how would you see it financed, first in terms of what we're doing now, which is really what I would call block funding, where the federal government sends a bunch of money to the provinces, who make decisions on whether they're going to build new social housing or subsidize rents, or whatever else? Second, how would the social enterprise model be different in creating new affordable housing in communities across the country?