Thank you, Mr. Chairman. One area that I would like to ask for a bit of comment on -- and I am sorry, I do not have all of my information at hand -- concerns the ability or the mandate of the Housing Corporation to assist with commercial developments.

The area I have heard from potential developers is when they go to banks to secure mortgage funds for commercial projects such as apartment buildings or that kind of thing, the amount of equity the commercial lenders want far exceeds their ability to get a decent return.

Where there may be a bit of a gap here is where the Housing Corporation -- or in days past, the Canadian Mortgage and Housing Corporation -- used to provide guarantees, mortgage lending at more attractive rates and at lower equity levels. This would in turn help make it more attractive for commercial builders to go into more remote communities such as the North and make investments, which would in turn increase the housing stock, increase the capacity in communities to be able to house people.

In the North right now, Inuvik and Yellowknife are hard-pressed for housing stock and employers are having a hard time finding places to put people. So in the area of commercial lending and helping to make a more attractive environment for commercial investment, what can the Northwest Territories Housing Corporation do? Thank you, Mr. Chairman.