Thank you, Mr. Chair.
Thank you to the witnesses. It's good to see you all again.
I want to start with Mr. Sullivan because you were making an interesting point. You started off with a fairly bold statement, which was, “Housing starts are not the right metric.” That's in part because, like you said, it's a lagging indicator and that, sometimes, how we're counting starts is actually not quite the most correct way to do it, either.
I think you all made a valid point: We need to make sure that we have the right type of housing as well.
I'd like to start with you, Mr. Sullivan. Build Canada Homes is a new agency that was created, and it's supposed to focus on non-market housing very specifically. It has no targets in its creation, and maybe that's because it doesn't know what the targets should be. If you were to give them targets, what would those targets be?