For CMHC, obviously they're in the interest rate business, so with CMHC, getting super low interest rates at 1%, float 1%.... Every pro forma is going to be a little different across the country. You have to go through it on a pro forma by pro forma basis. A development in Newmarket might be different from one in downtown Vancouver or somewhere else. Super low interest rates might move the needle to get something to pencil out.
On June 6th, 2023. See this statement in context.