Mr. Gerard Brady:

There are many parts to that. The biggest single policy challenge that has kept people away is the project pipeline is not certain enough. Many of our members building large projects here have people abroad who would like to come home. The reason is we have a bad track record of cutting back on capital budgets when things get tight. The commitment not to do that again in the new NDP, and following through on that, is a major piece of it, as is the multi-annual funding of infrastructure to make sure there is a clear project pipeline of infrastructure projects and housing projects. The biggest barrier we see to housing, apart from the build cost, which is very high here, is the provision of infrastructure, particularly water, wastewater and grid infrastructure. Wastewater is one that will start to bite particularly in the east of the country in the coming years and become a major challenge. It is already a major challenge, but it will become an even bigger challenge and one we need to get ahead of as quickly as possible.