That's a great question.
I remember my time as a graduate student under Carolyn Tuohy at the University of Toronto looking at program development, policy design and administrative theory. If this is what it takes to get to where we need to go, then by all means do it.
One of the big problems we've had is the alignment between the various levels of government in housing policy. That seems to be finally coming together now with actions like the announcement on DCs and HST and so on. I realize that is not Build Canada Homes, but Build Canada Homes seems to be the focal point or the device that's being used to try to pull these things together.
Of course, the secret in all of this—and I know you know this—is in the implementation. We're very good—in fact, almost too good, and maybe it's being Canadian—at policy development, but we're behind on the implementation of a lot of these things. Time will tell, but I think that's where they really need to model things properly. They need the metrics and the action to get this done, to get where we need to go, because the ratio of housing cost to incomes has gone completely out of whack. It's not everywhere in Canada; it's different...but in key areas, it's important.
Would I have created another organization to do a job that existing ones should have done? Probably not, but I'm not going to argue with.... On that point in particular, we have to do whatever we need to do to get somewhere, because if we're going to attract the investment we need and create the well-being that people deserve, we need to get housing right.
