Thank you, Mr. Speaker. Mr. Speaker, right now a lot of programs that we do deliver are programs that we administer on behalf of the CMHC. A lot of the direction we do get is federal programs. We just administer it on behalf of the Canadian Mortgage and Housing Corporation. I have had a meeting with the federal Minister of Housing. We did discuss looking at the whole mandate of the corporation and look at restructuring it, as we heard in regards to the address by the Prime Minister and also from the Governor General in the Speech from the Throne. Basically, it was clear that housing is an issue that we have to look at nationally. It doesn't only affect us here in the Northwest Territories, but we also have to be able to look at ways that we deliver housing by looking at a unique system that works for the Northwest Territories. Right now, the direction I was given as the Minister is to look at the mandate of the corporation and streamline the corporation so that we are focusing more on affordability of housing in the Northwest Territories, but also ensuring that we have the resources to continue to meet the demand that is out there.

Like I stated, right now, we have 2,300 units in the Northwest Territories. We realize that, from the information we are getting, we are going to need another 3,000 in the next period of time. At the rate we are going, we are not going to get there. We have to be unique with regard to how we deal with that, but more importantly, we have to work within the confines of the dollars that we do get from the federal government. Thank you.