Thank you, Mr. Chair.
I want to thank the witnesses for their comments and their expertise in relation to the two large cities. We know them well, but personally, I know Montreal better.
We are at the front end of the process for the new fund. In concrete terms, how can we ensure that the fund is significant?
The new fund proposes 100,000 new housing units by 2024–25, or $4 billion over five years. Last week, a witness said that funding should be accelerated—the $4 billion expended more quickly—because construction and acquisition take so long. He also said that there needs to be project-based funding.
Do you feel that those solutions are appropriate?
My questions are for both witnesses.