This is a critical issue in addressing our housing supply gap. We build 200,000 today and we built 200,000 units in the 1970s when our population was much smaller. Clearly our construction sector is very fragmented, and I think there's room for innovation in this area.
We have a $750-million innovation fund that has been used to support some of the construction techniques that you mentioned. I think there's more that we can do there. Even through the rapid housing initiative, we provided support to modular housing companies. I think there are more opportunities for scaling up there. There are also areas like panelization and other factory-built techniques.
I do understand that because housing is a very cyclical industry, smaller construction companies do not want to invest the capital needed for the innovation, but I think this is an area where government can play a role in providing some of those incentives to create that innovation. I think this is an area where private sector and government partnerships are absolutely essential.