Mr. Irwin, sorry to interrupt you, but I have only two minutes left.
I'm really taken aback by the figures from Ontario. Over half the requests for excessive rent increases come from investment funds or the large corporations that you represent.
I represent people from Rosemont—La Petite‑Patrie, in Montreal. Most people have duplexes or triplexes. They have tenants above them. They take proper care of their apartments, because they want to provide good service to their tenants. I can see that, when a large numbered company—in a sense an immaterial one—is the landlord, it's only for speculation purposes. I see examples of this on Papineau Avenue, Rosemont Boulevard or Saint‑Zotique Street, where large apartment buildings are neither maintained nor renovated.
To make a profit with real estate and housing, should the investor or tenant be responsible for the investment? I find that, when large investment companies are the landlords, negligence occurs. The tenant then takes on the risk and ends up enduring excessive rent increases so that the landlord can pay for renovations that should have been done 10 or 20 years ago. What are your thoughts, Mr. Irwin?