Thank you, Ms. Larouche.
I think it's really important to learn from countries that have better outcomes than Canada. One country that I'm thinking of in that regard is France.
In the year 2000, which was 26 years ago, the Government of France created a target for all municipalities of 20% non-market housing, and of course, it created the finance instruments for new builds, renovations and acquisitions.
The amount of non-market housing in France has since more than doubled. It was 9%, and now it's above 18%. In Paris, it's close to 25%, and of course, Paris is the most expensive city in France, partly because Paris took on a voluntary target of 30%.
Those targets haven't changed as governments in France have changed. The financing methods haven't changed as governments in France have changed. That, to me, would be an example of clear direction.
In terms of outcomes, 15% of low-income renters are still in unaffordable housing, which is too much. It's over 75% in Canada. That shows you the difference that clear targets and certainly a clear definition of affordability and programs make at the national level.
