No need for interpretation to understand that.
Let's get back on track.
I want to sincerely thank all the witnesses for coming.
As I was saying, the financialization of housing is a major issue. Let's talk about it.
Ms. August, in your study on the financialization of rental housing, you recommend that we stop providing direct or indirect public assistance services to companies that are involved in the financialization of housing.
Earlier, I was telling another witness about a study that I once read. According to the study, the federal government stopped investing in housing in 1993. From about 1996 onward, financialization was observed to increase in Canada from 0% to 22%, which is the current level. Since then, the federal government decided to reinvest in housing over six or seven years, which overlaps with the period during which the national housing strategy has been in effect. However, it is clear that the strategy has not solved all the problems.
What main programs under the national housing strategy could you name now that are contributing to this financialization of housing?