Thank you, Mr. Chair.
Thank you to all the witnesses for being here today. My first questions are for Mr. Jarvis.
In your opening statement, you mentioned that even though Canada is in the midst of a housing crisis, large home developers are building much more housing now outside of Canada and that is driving home builders out of Canada.
Is this due to higher construction costs, which include the lower Canadian dollar and high lumber costs due to Canada not negotiating a softwood lumber agreement and increasing carbon taxes on transportation; higher government taxation; more government bureaucracy and red tape; or all of the above?