Luckily, I don't think you need to balance them, because they all push in the same direction. We need affordable housing, and we want to deploy capital in a way that maximizes the return. A really strong way to do that is to help build the modern methods of the construction sector and improve demand. Because those methods are more affordable—you see different modelling results—there's 20% to 30% less waste. They're faster in terms of the speed at which projects can be done. You can obviously build off-site, so you can build 12 months a year. In Canada, often you can't build for many months. There are many advantages that are simply built into that model.
One of the challenges is going to be acceptance by Canadians as they see this deployed more frequently across the country. I don't know if it's going to be a challenge, but we saw this on zero-emission vehicles for a number of years. There wasn't a familiarity with the product, and that led to reticence to purchase, but now I think people are on the other side of that. I think the same thing is going to happen with modular homes and off-site construction, because they're not just cheaper; they're in many cases better, because you have some uniformity to the product standards that exist on that type of product.
There are a lot of positives, and there's a lot pulling in the same direction. What Build Canada Homes tries to do is bring all of those things together. The investment policy is the guidance for how they're going to make these decisions, but it's really the investment committee and the deployment of capital that will tell the story of how they've managed this.
