Thank you, Mr. Chairman. First of all, I would like to recognize and congratulate Mr. Minister for taking the time to meet with the federal Minister responsible for Canada Mortgage and Housing Corporation. I know the Minister has a very, very tough job ahead of him, especially when the funding from the federal government, according to my understanding, is to be reduced because of the budget restraint of the national government, and especially when the population growth in the NWT is very high in comparison to the national average.

Mr. Todd, my colleague, talks about other options, and other alternatives. As most of the Members are aware, in some of the communities in the eastern part of the Territories and in the western part of the Territories, we have co-op communities where they have co-op stores and co-op hotels. I guess one of the alternatives or options we can look at is to communicate to the co-ops in some of the communities. Some co-ops are not members of Arctic Co-op Limited; others are members. Some years ago, Mr. Chairman, in my community, which is predominantly co-op, we do not have other stores, and we do not have Northern or Hudson Bay, we talked about the possibility of getting into co-op housing. I think the matter is something we can look at because the coops are owned by the community and the money stays in the community; therefore, the financial benefits remain in the community. It is one way that would help to reduce the need and demand for housing. I would like to suggest to the Minister that this is something we can look into. Thank you, Mr. Chairman.