Thank you very much, Mr. Chair.
I want to thank the witnesses for being here with us today, but also for all their commitment over the past few years and months. I know they've been part of the conversations on the housing issue, and I thank them for their ideas and everything else.
Mr. Moffatt, you've mentioned quite a few elements that have been holding back construction and slowing the growth of new housing supply.
I wonder if you can talk to us a bit more about which, of all these challenges, has the biggest impact and particularly where the federal government, in your view, can do something about it.
I'll come back to the municipality and Build Canada Homes, which you mentioned, Mr. Lee.
If you could start, I'd be interested in that.