Thank you, Mr. Chairman. There are two key points that I would like to respond to in the context of the question. One is in regard to as a Minister, I am working on leading a discussion within the Housing Corporation to equate the total household income so that those families that are impacted, who have the ability to buy or purchase a home, either through SOPHI or one of the existing programs, most preferably EDAP. The other is to revisit some of our policies that require us to either revise them or redraft the whole policy that would be consistent.

Again, the emphasis here is to deal with it in the context of the universal parts of agreements where the communities have control over some of the problem areas that surfaces from time to time through either quick policy shifts or subtle ones. So we see a number of good ownership programs that the Northwest Territories Housing Corporation changed in 1997. In light of the fact that we know that there is going to be some funding eliminated from CMHC, we need to look at that in the longer term.

Mr. Chairman, I feel that we do have to sit down and discuss some basic policy changes so that we can commit to adapt to the changing environment as well. Thank you.