In my response, I can connect this to your previous question as well.
Mike Collins-Williams has spoken about the risk that, as we are in this generational downturn, skilled workers are leaving the industry and this is going to create a legacy five to 10 years from now, almost even immediately with respect to unemployment. This is absolutely true. It's the change in the government's approach to housing delivery through Build Canada Homes that can potentially mitigate that risk.
Build Canada Homes, by moving very quickly, building on government-owned land and partnering with the industry, which has shovel-ready projects, can be catalytic in ensuring that we continue to build. This is a golden opportunity as a country, quite frankly, to be focusing on building non-market and co-operative housing, something that we are woefully behind on in the G7 in terms of the percentage of our overall housing units that are non-market housing or co-operative housing.
This is a golden opportunity to keep our trades, our skilled trades, working and to keep our construction industry intact using the new role of Build Canada Homes to act very quickly in order to keep building happening while the economics of private sector projects often are simply not viable.
I just want to say that some of those not viable shovel-ready private sector projects are just not viable because there was too much paid for the land, so there's a certain amount of speculation that takes place that some of those projects just won't advance, but when you're talking about a government role on government land to build non-market housing, nothing could be more important and more critical for our skilled trades.
