When you look at the costs that go into building rental projects and how that squares with being able to provide affordable housing, you've had many witnesses here—whether it was on Tuesday or today—talking to you about the challenges in getting purposeful rental projects built that can also be affordable. It is a big challenge to navigate that.
Whether it is looking at the fundamentals around how long it takes to get projects approved, or the different government fees and charges.... We're seeing, certainly in Ontario—I speak about that, since it's my primary jurisdiction—policy changes to help make that better by giving discounts and deferrals on government fees and charges, because they recognize that's something they can do to help get projects going.
Ultimately, when it comes to affordability, what we're saying is that we require all housing types and all partners at the table. There's a huge need for non-profits and co-ops. We work with a lot of organizations. Habitat for Humanity does great work. We need them at the table doing what they do. We need to be doing what we do. There's an ability, whether it's through different government subsidies, grants or supports—Open Door in Toronto, for example—to get buildings built with affordable components in them.
Inclusionary zoning is a topic that gets a lot of attention. There's an assumption that we oppose that. The response is that we understand what that policy tool is intending to do. As long as we can get the density required to make the project economically viable, we can make that work.