Some of the testimony from both you and Mr. Irwin, and from the prior panel, is that we do this best when we do it closest to the people who need the housing. Why, then, do we have yet another federal government program writ large—big numbers and big election promises—that fails to get it done?
Before I give you an opportunity to answer that, I want to move to Mr. Irwin and talk about specifics.
Build Canada Homes is a tremendously ambitious target that is not in any way, shape or form going to be realized. I think we all know that by this point. Instead of having a new program—as you indicated, we've been between programs for a year, and that's not helpful in getting houses built—wouldn't it have been a better strategy to just increase funding through the rapid housing initiative, an existing program administered by CMHC?