Thank you, Mr. Chair.
I'll be directing my comments towards Mr. Reisman, and that's based largely on the success that we had with a program within our own municipality in the way that we approached it.
Sam, I only have six minutes, and I'd like to get in three questions, so brevity will win the day.
Number one, I wonder if you could explain the business model difference between a condominium construction project and a market rental construction project. The reason I'm asking is that it's what has led to your request or suggestion for deferral. I'd like to get a better understanding of how we get there.