Thank you, Madam Chair. On behalf of the Standing Committee on Social Programs, I would like to report on our review of Bill 16, An Act to Amend the NWT Housing Corporation Act. This Bill allows the corporation to make loan mortgage guarantees to support the programs in Plan 2000. The committee originally reviewed the legislative proposal for this Bill in April. We were comfortable with the intent of the Bill, however we did agree that there should be a maximum on the amount of guarantees the Housing Corporation can make. On June 2, 1997 we held a public hearing on the Bill with a presentation with the Minister for the Housing Corporation. No public stakeholders expressed concerns with the Bill. Since this Bill is closely tied to Plan 2000, Members asked the Minister for clarification on the work of his staff to close the potential loopholes in the program. He gave the committee satisfactory information on the efforts to revise and refine the plan to ensure it can meet its objectives. The Standing Committee on Social Programs has completed its review and has no major concerns with the proposed Bill. Thank you, Madam Chair.