Thank you, Mr. Speaker. Mr. Speaker, I appreciate what Mr. Todd said about the leases, but if we're selling off 560 houses, the concern here is the mortgage. If you're just carrying the mortgage, that would be one situation. The problem we run into, Mr. Speaker, is I make a good salary. The lease cost, for example, for my lot in Iqaluit is over $3,000 a year -- $668 every three months -the O and M costs of running houses are cost-prohibitive to a lot of our employees. Will these employees be eligible for social housing if they cannot afford home ownership or renting on the open market when they are discharged from that staff house unit? The problem being that our social housing units have a long waiting list at the present time; so where are these people going to go? My question to the Minister then is will he look at letting these employees -- who cannot either afford home ownership because the house is let, sold or if you don't have a place -- to stay in the unit?
Edward Picco on Question 283-13(3): Rationale For Sale And Lease Of Staff Housing
In the Legislative Assembly on May 22nd, 1996. See this statement in context.
Supplementary To Question 283-13(3): Rationale For Sale And Lease Of Staff Housing
Question 283-13(3): Rationale For Sale And Lease Of Staff Housing
Item 6: Oral Questions
May 21st, 1996
Page 542
Edward Picco Iqaluit
See context to find out what was said next.