Mr. Chairman, I think I understand the point that Mr. Dent's trying to make. All I'll say is that these 25 housing units, the ones that were left, were on the responsibility of FMBS. They have now been transferred over to the Housing Corporation. Certainly we will put down as renting out the units to the general public. I hope that's what the Housing Corporation does with those units, that they don't just have them sit there empty. I don't understand Mr. Dent's point on that one. We want to have some revenue out of them. We want to also meet the housing needs in those non-market communities. So, that will happen. I don't see any big changes. The Housing Corporation, in fact, has been for a number of years now doing the property management for FMBS. It wasn't managed through FMBS, it was routed through the Housing Corporation. So there's no big shift here. All we've done is transferred the ownership of those units from the government over to the Housing Corporation.

In terms of, will this be the best program since sliced bread? That's possible. We don't know that yet, Mr. Chairman, until we see the needs assessment on non-subsidized housing. I hope it's the best program that we could put together on the housing.

Mr. Chairman, I don't see this as a big policy shift. We don't know for sure yet until we see the needs assessment. We'll bring that back to the committees and at that point make a decision of whether or not it's reasonable to proceed with it or whether it's something that we should shelve. Thank you.

Financial Management Board Secretariat