On the direct build sites that I know the committee has looked at before—the six sites across the country—the intention is for those sites to be completed and the homes to be built by next year. This is starting from, in some cases, infrastructure that needs to be undertaken.
On their financing—because principally what Build Canada Homes is set up to do is finance—they already have an inventory of I believe around 11,000 homes, which will be supported through the investments they have announced to date. There's more to come on that one. The commitments the government is making through Build Canada Homes are growing every month.
Third, I would note that the budget implementation act includes a very important aspect to enable Build Canada Homes, which is the statutory authority. The ability for BCH to actually spend is linked to the statutory authority being approved. Effectively, partly what you're seeing now are promissory notes, deals and intents to do deals, which are getting built up, and once the dollars are available, they will be able to do a drawdown request, in the same way that the Canada Infrastructure Bank does, to obtain access to the money.
