Good morning, committee members.
The clerk has advised me that we have a quorum. Everybody has been sound tested. I will warn that there are some issues with practically everybody appearing virtually this morning, so we'll go as we go. It's in and out.
I call the meeting to order. Welcome to meeting number 73 of the House of Commons Standing Committee on Human Resources, Skills, Social Development and Status of Persons with Disabilities.
Today's meeting is taking place in a hybrid format pursuant to House order of June 23, 2022, which means some people are participating remotely by Zoom and we have the rest here in the room.
To ensure an orderly meeting, I would ask that all questions be directed through me, the chair. Wait until I recognize you to speak. You have the option of speaking in the official language of your choice. If you're in the room, use the headset. If you are appearing remotely, use the translation icon at the bottom of your screen. If there is an issue with translation, please get my attention. We'll suspend while it's being corrected.
I would also like to advise those who are attending the meeting virtually or in the room that taking pictures or still shots is not allowed.
Pursuant to Standing Order 108(2) and the motion adopted by the committee on Monday, October 17, 2022 the committee will resume its study on financialization of housing.
We'll begin with our witnesses for the first hour.
Appearing virtually, as an individual, we have Steve Pomeroy, industry professor with the Canadian Housing Evidence Collaborative. From the Federation of Rental-housing Providers of Ontario, we have Tony Irwin, president and chief financial officer, who is in the room with us. From the Minto Group, we have Dan Dixon, senior vice-president, project finance.
Each presenter has five minutes to give an opening presentation and then we'll go to questions from committee members.
We will begin with Mr. Pomeroy for five minutes, please.
You have the floor.