Thank you, Chair.
Just before I start with my questions, I do need to make a point. In this committee, one month ago today, I asked for timely statistical information from Immigration, Refugees and Citizenship Canada officials, within two weeks, which you, Chair, said was completely reasonable. We're on to 20 business days now, double the original timeline. It was relayed to my office last week that IRCC officials have actually completed these responses, but their transmission to this committee is being held up in the final stage of this process. What I understand is that it's likely sitting on the desk of a political staffer, waiting for approval. I certainly hope that's not the intention. I'm just going to make it known that I really want to receive that information so that I can do my job on behalf of my constituents.
Now, my first question goes to Mr. Ross, from the co-op society.
I like the fact that co-ops are independently and community owned in Canada. It's a great model. I also understand that many co-ops across Canada are retiring their first mortgages through CMHC.
How can the co-ops that are retiring their mortgages use their assets to develop more units? Could you comment on that, please?