Sure.
I'll also say that no other federal-provincial partnerships have yet been announced. There seems to be no guarantee that provinces will use the funds to reduce the tax burden.
Announcements for infrastructure and to offset DCs through the build communities strong fund will be helpful, too. Again, outside Ontario, no other provincial deals have been signed. It is critical that there be plans for municipalities to find alternative funding models for infrastructure in order to permanently lower DCs once the federal funding winds down.
The spring economic update also made reference to streamlining regulations and addressing affordability issues with regard to building codes and standards. There has been talk of this for a few years now, but no action has really been taken. In the meantime, the 2025 building code was published, increasing the cost of a typical 2,500-square-foot home by an estimated $50,000 to over $100,000. Immediate action is needed to reverse this.
It is positive to see plans to support more construction financing, but what is also needed is fixing the stress test so that well-qualified buyers can better access a mortgage. By the way, that's a no-cost measure.
There are several other recommendations I could go through, but respecting time, I'm happy to take any questions you may have during the Q and A period.
Thanks a lot. I look forward to that.