Thank you very much, everybody, for being here and presenting.
I'm going to start my questioning with the Canada Mortgage and Housing Corporation as well.
I grew up in Montreal. We were a large family of five boys and my mom and dad, and all our lives we were in apartment buildings. I don't think home ownership was ever a big issue for us. Like a lot of Canadians.... Not everybody is into home ownership. In places like my riding, one of the challenges we have is that there are not a lot of apartment rentals. There is not a lot of opportunity for young single people to even be able to afford an apartment, because there's not a lot of supply there.
In budget 2016, there was talk about $2.6 billion to encourage builders to build more rental inventory. Could you tell us a little about that?