Theoretically, it is potentially a good way to generate a whole bunch of units with a lower per-unit administrative time. Obviously, when you're bundling a whole bunch or you're building at scale, you're going to get those kinds of efficiencies.
I think there are some real challenges with making sure that it doesn't exclude some players who might not be able to meet those kinds of expectations of Build Canada Homes. It's about finding that balance and making sure that, particularly, those non-profit developers and those people who are focused on building at the very low end of the housing market—those deeply affordable units that we so desperately need to address our homelessness crisis—are able to participate in this, and that it's not only people who are already building more at the market level at scale, who have typically benefited most from Canada's national housing strategy to date.
I think there are glimmers in the way that Build Canada Homes is talking about itself, as you said, with the focus on the low end and making sure that affordability is a bigger piece of the conversation than it has been previously. I think that's a good sign, but we won't know until we see exactly what the plans are moving forward.
To Mr. Moffatt's point, we don't have a great sense of what the goals are for Build Canada Homes in the longer term.
