Thank you, Mr. Chairman. Just to remind my colleague the $40 or $50 million we have assigned to build new housing is in the form of the expanded HAP program and where we are actually providing, if you want, the equity for a number of people who perhaps are not in a position to afford the equity or for that matter afford a conventional long-term mortgage. The conditions that currently exist where we provide expanded EDAP grants will remain in place for this new initiative. My understanding is there are both incentives and encouragements for the utilization of northern manufactured products.
The choice of where people purchase them or how they build their houses will be up to the individual purchaser. While we are putting up, if you want, the front-end equity in the form of a grant, they have also got to seek the long-term debt from mortgage organizations, banks, et cetera. Like the P3, I am confident that this new initiative will accomplish what we want it to. That is to create, to provide if you want, an opportunity of approximately 1,000 houses. We are currently in a shortfall of about 4,500 across the territories. To people who have the capability to afford a long term mortgage or a partial long-term mortgage, it will also provide some economic stimulus in terms of employment and purchasing of goods both northern and southern goods. We will continue to monitor, as we currently do, where the money is spent to try to ensure we get maximum northern benefits from this very important initiative of putting more private housing stock into the Northwest Territories. Thank you.