Agreed.
Debates of March 25th, 2004
This is page numbers 293 - 348 of the Hansard for the 15th Assembly, 3rd Session. The original version can be accessed on the Legislative Assembly's website or by contacting the Legislative Assembly Library. The word of the day was housing.
Topics
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Some Hon. Members
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Some Hon. Members
Agreed.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Some Hon. Members
Agreed.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Some Hon. Members
Agreed.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
The Chair Jane Groenewegen
That goes on page 8-25 through to 8-26. District operations, information item.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Some Hon. Members
Agreed.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Some Hon. Members
Agreed.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Some Hon. Members
Agreed.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Some Hon. Members
Agreed.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Some Hon. Members
Agreed.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
The Chair Jane Groenewegen
Agreed. Thank you. Pro forma income statement, information item. Mr. Braden.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Bill Braden Great Slave
Thank you, Madam Chair. I didn't know exactly where to ask this question, but I'll try it here because it has something to do with financing and income. In his opening remarks the Minister made reference to sale of public housing initiative in which the corporation says it will have to sell public housing that is more costly to operate, such as fully-detached units, and replace them with more energy efficient multi-units. I'm wondering if the Minister could briefly give us a little more detail of how many units are out there, what kind of potential sale we're talking about and, perhaps in reference to or to reflect what my colleague Mr. Delorey was asking, are we putting a lot of units out there? Are we potentially looking at any concern with market disruption? Thank you, Madam Chair.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Michael McLeod Deh Cho
Madam Chair, as part of our 10-year plan, we're planning to target 450 public housing units to go up for sale. We're not anticipating to breach the market disruption policy. We do sell those units already. We do sell them in the market communities, as well. In that case we don't see it as...Maybe, Madam Chair, I'll ask Mr. Beaulieu to expand on those comments.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Beaulieu
Thank you, Madam Chair. When we sell units anywhere, whether they be in market communities or non-market communities, the corporation does protect the market. In situations where there are high subsidies, the market is protected with a second mortgage. So the individual cannot get a unit from the corporation even if the actual payments are highly subsidized. There's a second mortgage in place that will prevent the individual from flipping the unit from much under the market price.
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Committee Motion 8-15(3): Recommendation For A Market Housing Initiative Survey, Carried
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 347
Bill Braden Great Slave
Thank you, Madam Chair. Four hundred and fifty units. That's quite a quantity. Did I hear the Minister say this was over 10 years and are there any sort of criteria as to how many units a year will be let out or where they will be let out? Thank you.