Thank you, Mr. Chairman. Regardless of whether we get our funding back or not, we have to look at what we are doing in housing. We have to look at what we are building. Right now, the department is looking at redesigning the units to get them back down to simplicity so
June 24, 1992 that they are cheaper and so that our people can maintain them in the communities. Also, as Members know, we can build seven HAP houses for the price of one public unit, so we are looking right now at revising that program so that more people can be eligible for that program.
We have to look at different ways of supplying rental social housing, for example, more utilization of the rent supp program. All those things combined will help us, but It is not going to close the gap, guaranteed. When there is no money, there is no money. If you have only so much money, you can only build that much stuff. If worse comes to worst and we do everything possible in the Housing Corporation, along with the communities trying to maximize and stretch every dollar we do have, we will have to look at possibly more money if you are going to try to close that gap. Right now if it stays the way it is, as the federal government is saying, we are building 372 cost-shared units this year, and we should really only be building 265. We would be down to approximately 153 cost-shared units next year, Mr. Todd.
We are not sitting back waiting. We are looking at new ways of delivering the programs and new construction designs, and different programs, and we want flexibility from CMHC so we can use those things to cut costs and to got a better bang for our buck.