That's a big question.
The request for qualification is a process that has been launched between Build Canada Homes and PSPC. The objective there was to create a baseline, across the country, of the companies that are doing modern methods of construction, from modular companies to companies that do panelization to others that provide different parts of the supply chain.
Now that we're in a space where we're doing procurement, it made a lot of sense to get to know who was in the ecosystem and better understand them. You need to know who you're doing business with, as you pointed out. The next step will be to create a list of trusted suppliers in this space.
We view the first of those two measures as fact-finding, and then the second one will be locking in on who has capacity to help scale and who has capacity to be a real partner for Build Canada Homes and other parts of the federal government. There are an awful lot of homes being built by the Department of National Defence. We also want them to be drawing on those same companies as they enter into agreements.
On the second question about the validation of vendors, this will be what happens at the investment committee at Build Canada Homes. Usually, when you're making an investment with a party, one-third of the transaction—I spent a lot of my career doing industrial policy—is about who you are doing business with and if you trust them and know them well enough. What is their track record? What is the management acumen? You're basically entering into a deal with another management team. You're allocating capital towards them.
That will be a key part of the due diligence process that will happen at that investment committee. There are obviously legal agreements that provide you some level of protection, but when you're investing with organizations, you want to make sure you know, especially where you're committing public capital, what their capabilities are and that they can do what they're signing up with you to do. Track records are very important to those decisions.