Thank you, Mr. Chair.
I appreciate the witnesses' patience with the vote.
I want to start my questioning with Mr. Sullivan.
Mr. Sullivan, I was a city councillor for about eight years. It was obvious that there was a gentrification going on, certainly in my riding of Port Moody—Coquitlam. We've just recently reported the third-highest rents in the country in my riding, and I can see it manifesting on the ground in communities as more and more people struggle to find homes.
My question to you is this: Why does Canada not have a healthy supply of stable rental tenure for people?