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Finance committee I think in budget 2024 there are measures. It's not with CMHC.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee Yes, absolutely. There are measures that target the efficiency in the industry.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee It's not my area. I'm here for the prohibition, but we can get back to you on that question.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee I'm an adviser in policy.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee I am, absolutely.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee On the industry capacity, it's not, but—
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee —I'm aware of measures in the budget that target increasing industry capacity.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee At this point, I cannot.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee There is, definitely, yes.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee Absolutely.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee I don't have that data with me, but I can—
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee Thank you for the question. I'm Babak Mahmoudi. I'm an adviser with the policy sector of the Canada Mortgage and Housing Corporation. We regularly monitor the housing market and the broad impacts of the different policies. On this measure, we still do not have sufficient data. We need some time for the impacts to settle in the market.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee We don't have that data. We don't have access to case data from local authorities, local legal authorities.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough
Finance committee We can do that.
May 30th, 2024Committee meeting
Babak Mahmoudi Ayough