I think it's important to recognize that the accelerator fund in no way, shape or form is meant to be a silver bullet that will address the direct supply needs. It does not cover construction costs. It doesn't cover the renovation costs that were mentioned in the previous question. The accelerator fund really needs to work in tandem, and by the way, to be stackable, with other more direct supply measures such as the co-investment fund and the rental construction financing initiative that the minister referenced.
You had this conversation with the minister in the previous round. Those programs absolutely need to be improved in terms of how people can apply to them, their simplicity and the time frames in which approvals are granted. There needs to be a complementarity between the accelerator fund and the direct supply programs that are in place.
However, I think to look to the accelerator fund to meet those supply challenges in Waterloo and elsewhere, it's probably not the right place. It's meant to complement, but it certainly won't address the problem directly.