Madam Speaker, I want to congratulate my colleague on his speech. I know he recently celebrated his first year as an MP, and I imagine he has not yet had the opportunity to work closely on specific projects with the Canada Mortgage and Housing Corporation, or CMHC.
I have been an MP for several years now, and I can say that CMHC was a fairly important body for vetting business plans, as well as for ensuring that social housing meets various standards, particularly energy efficiency standards, and that our new housing meets the highest construction standards in terms of both sustainability and development.
I would like my colleague to clarify this for me, because I do not really understand. Essentially, Build Canada Homes is taking the place of CMHC. Will the CMHC's expertise be transferred to Build Canada Homes?