Thank you, Mr. Chairman. This initiative to provide market housing in communities is something that was decided in the 14th Assembly. The direction from Cabinet was to implement an initiative to provide market housing in the communities across the Territories as a result of many of the communities indicating that there is no market accommodation for a lot of the people who are considered professionals, people who are working. To rent, it's limited, there is practically a zero vacancy, there is no accommodation, no houses on the private market. We have a small private housing market in our communities. The direction was to provide accommodation that is affordable, that is competitive to market rate, that is re-sellable so that it would give opportunity to private enterprise and the development corporations in the communities to purchase these units in an attempt to encourage the market in the communities. We are also directed to provide a full cost recovery. We took that direction and looked at how we could accommodate this initiative. It was clear that stick-built houses were not the way to go; it would not provide us with our desired results. We decided to look at trailers, and trailers were considerably less expensive. Also, as part of this requirement, we were directed to have them landed and set up by August of this year. We have done that. We have developed a communications plan, we

have developed an implementation plan, we have consulted the affected communities and are in the processing of tendering, as the Member has indicated. It's being advertised and part of this strategy was to waive the BIP. We've approached Cabinet for approval and we've received approval to waive the BIP on this whole initiative. Thank you.