Thank you, Mr. Chair.
First of all, I want to say hello to all the witnesses. Thank you for your presentations and the briefs you sent us. That will be very helpful as we write our recommendations. I do not know whether there will be an economic update this fall or a budget next spring, or whether promises of funding will be used in the various election platforms. The fact remains that you are raising very important points of view that deserve to be supported.
Since time is limited, my questions will be for Mr. Roy today.
Before I get into my questions, though, I want to mention something briefly. As you saw, I tabled a notice of motion asking CMHC to provide us with updated data for our study on government policy decisions and market forces that have led to increases in the cost of buying or renting a home in Canada. I will not move the motion today, but I will do so next Thursday if we still have not received the required data.
In September 2023, CMHC officials testified before the committee. We asked them for those documents, and they agreed. Since then, on multiple occasions, the clerk has followed up with CMHC, but they keep saying that it is to be provided soon. The request was made over a year ago. I want to thank Ms. Bendayan for following up with the Department of Finance about that. I think CMHC was told that we needed to have the data. If we do not have that on Thursday, I will move the motion to that effect.
That is what I wanted to mention. I will now put my questions to Mr. Roy.
Thank you very much for being here, Mr. Roy. We are talking about major festivals and events. The pandemic occurred, and it was a difficult time. Since then, there has been inflation, which has hit your sector particularly hard. Can you give us any information on that?