Good afternoon, Chair. Good afternoon, colleagues.
Good afternoon, Seth Asimakos. It's a pleasure that you're on the panel. Seth is from my riding of Saint John—Rothesay. It's wonderful that you're here.
First and foremost, I want to thank you, Seth, for your leadership and the work you do in our city, especially with the social enterprise hub and Kaléidoscope. It's transformation for the region, so keep doing what you're doing.
Obviously you're here today to talk about housing, and I'm here to talk to you, and we're here to talk to you to get your feedback on what we can do.
Before I start with my question, I take your point about CMHC. We need to be better; we need to be more reactive, and I agree that 12 to 16 to 18 months is too long.
I want to talk to you about land acquisition and how the housing accelerator fund could help. We certainly know that at times securing funding for land acquisition to build affordable housing is a challenge. We've come up with the housing accelerator fund of $4 billion, but do you think that this is something that could help address that challenge?