Thank you for the question.
There is no doubt that we are in a situation where any initiative, any policy, that can encourage building more residential units and increase the supply of housing would be helpful. There is no doubt that, because of the pressure we are seeing in the housing market and the lack of enough supply of housing, it forced the federal government to step in and start significant programs and introduce a large number of initiatives. They are all positive steps that needed to be taken.
Something I want to highlight is that there is a role for the federal government, but at the end of the day, we need collaboration among all levels of government, because when it comes to housing and housing supply, it's mainly in the hands of the cities and provinces. To be able to move the needle and see some results.... We need quick results.
For example, given that we are facing high immigration, that means we need a housing supply more immediately. It's not like giving birth to individuals where it takes years for them to grow up before they need housing. We need an immediate response in terms of the housing market. To be able to do that—