Thank you, Mr. Chair. Thank you to all the witnesses for being here.
My first questions are for Mr. Hogue from RBC.
Mr. Hogue, I'd like to quote some numbers from your recent RBC housing affordability report. It says that as of October 2023, a “household earning a median income needed to spend...63.5% of it to cover the costs of owning an average home”.
Can you please confirm what that same number was in 2015?