During our recent study of the national housing strategy, the chief economist from the Canada Mortgage and Housing Corporation made this statement, which I'd like you to speak about and expand on:
The reality in Canada is that about 95% of the rental market is provided by the private sector, so financialization is something that exists by design in our rental market. In an environment of a growing population and more demand for more rental units, we need more financialization in order to get more supply to meet the needs of a growing population.
I'm wondering if you can give your thoughts on those comments.