Thank you for that answer.
I'll switch gears right now to building capacity within the non-profit sector.
There are over 80,000 people who sit on Toronto's affordable housing wait-list. There are over 6,000 who sit on Hamilton's. That's a reflection of 30 years of underinvestment in that sector from the federal government—different administrations at the federal level—as well as provincial investments that we haven't seen in 30 years.
When I asked your predecessor about building capacity in the sector, she said that you don't build capacity; you're underwriters. I can't tell you how disappointed I was with that statement. It says a lot about the culture issues, I think, that my friend and colleague just asked you about. You said the culture is excellent. I think most people in the industry, whether it's the private industry or the non-profit industry, would agree with my colleague's assessment and some of the criticisms I've levelled at the organization here at this committee, as well as when I was a municipal councillor, with some of the frustrating issues I had to deal with in terms of the application process when I was president of CityHousing Hamilton.
I'm going to ask you that question again, about what your role is in terms of building capacity in the sector. We are not going to build 6,000-plus non-profit homes in Hamilton without the assistance of CMHC in terms of building capacity with organizations that don't have a lot of staff and, quite frankly, don't have a lot of money.