 Millennials are facing unique and daunting challenges as they make important life decisions around housing. Young Canadians hoping to settle down and buy their first home, like their parents did a generation ago, are facing a tough housing market. House prices have increased significantly in recent years, especially in and around big urban centres like Vancouver and Toronto. Saving up enough cash to cover the down payment is getting harder and harder, and more and more Canadians are turning to their parents for help. On top of that, we see many markets where there just isn't enough housing supply to meet demand. These issues, affordability and supply, have spillover effects, making rents more expensive and increasing the demand for community and subsidised housing. We listened to Canadians over these past few years and talked about the fears that they or their children will never be able to own their own home. And because we believe in investing in our people and our communities, we decided to act. Our government is taking real, concrete steps to make sure homeownership remains an accessible dream, not just a privilege afforded to the richest few. In 2017, we launched the very first national strategy on housing. This strategy, which provides $40 billion over 10 years, aims to build and repair more housing from one ocean to another. Because all Canadians deserve a safe and affordable place where they can feel at home. And as we announced yesterday in the budget of 2019, we took important measures to make housing more affordable in Canada, especially for those who want to buy their first house. First, we increased the maximum withdrawal amount under the Home Buyers Plan from $25,000 to $35,000. And second, we introduced a new incentive programme to help first-time homebuyers get into the market. The first-time homebuyer incentive is a brand-new, innovative way to help Canadians with household income under $120,000 to buy their first home. Under the new programme, eligible first-time homebuyers could share a part of the cost of buying a home with the Canadian Mortgage and Housing Corporation, CMHC. For eligible buyers, the programme would reduce the size of their insured mortgage and lower their monthly mortgage payments. Through the new incentive, CMHC would provide 5% of the value of a home for a first-time homebuyer through a shared investment. And to encourage the construction of new housing supply, the incentive would increase to 10% for a new build. The buyer would repay the incentive at a later date, such as when they sell the house. Sharing the purchase of a house with the SHL will reduce the monthly mortgage payments for new owners. In many cases, people will have hundreds of dollars more every month for children's swimming courses, language courses, since it's the International Tourism Day or, of course, for their retirement. Finally, the new incentive for the purchase of a first-time homebuyer is an equitable and responsible approach to help more young Canadians access the housing market. Many Canadians dream of having their own homes. Although the purchase of a house doesn't suit everyone, those who want to become owners face new obstacles, the obstacles that their parents have never had to overcome. The housing availability and the offer of housing represent great challenges, but our government puts forward concrete and important measures to raise them. From the national strategy on housing, to the incentive for the purchase of a first-time home, we have come up with a new chapter and we help families realize their dream of buying a house. Thank you very much for being with us today.