Thank you, Mr. Chair.
I will follow up on some of the questions that were raised by my colleague Mr. Aitchison.
If the Canada Lands Company is now going to exist as a subsidiary of Build Canada Homes, does this mean it is only allowed to build affordable homes, or is it still allowed to build market homes? How does that structure change?
I'm the member of Parliament for Fort McMurray—Cold Lake. I was born and raised in Fort McMurray, Alberta. We've had some unique challenges when it comes to building, having gone through booms, busts and everything in between. I'm quite familiar with Calgary's Currie Barracks, which is a Canada Lands Company space. It's on the old military base near downtown Calgary. It is very centrally located. It is walking distance to Mount Royal and a 15-minute drive to downtown Calgary, which makes it a very desirable neighbourhood. There are $1-million homes in that neighbourhood because that is the kind of clientele it has. There's also affordable housing being built in that area to help with some of those challenges.
Does this mean that, going forward, the Canada Lands Company is allowed to build only affordable homes?
