Thank you, Madam Speaker, and congratulations on your new role.

I want to thank the member for providing so much information, specifically about his own neighbourhood. I respect and understand that, as we suffer with the same issues in my own area of Thornhill. We know that more and more experts agree—and this is solid information—that supply and demand go hand in hand. The major driver of a housing crisis—it’s pretty simple: When there’s not much going around, the price goes up. Can the member please share with us and the House how this critical policy that you talked about will affect not only Ottawa and Toronto, but future locations?