Mr. Speaker, that is of course a question about provincial policy, but I did invite it by saying that federal and provincial policies have been in combination.
I suppose the answer there is that the goal the provincial government had in mind was to encourage more construction for rental purposes. The Ford government's belief was that there is no investment case to be made for building a new rental unit if landlords expect that controls would have the effect of capping their income from that unit. I think that was the purpose of doing that; whether it has been successful, I do not know for sure.
However, there is a basic problem here with rent control, which is this: It is available for those who have been renting for a long time, who typically are older people who in some cases, not in all cases, have more money, and it is not available at all for younger people, which means that they are facing paying full price for rent in a province that has rent control for some and not for others.