Thank you, Mr. Chairman. Mr. Chairman, the Rent Supp Program has been around a lot longer than we have. I think the decision was made back then to find a way to deliver housing in a non-market environment where we had to find some options. We got cut in 1992 from the federal social program funding and the government-of-the-day made a decision. That decision, at the time, was to go to rent supps. You can see from the history of these projects, most of them are in place, like the Member mentioned, 10 or 20 years, but 10 years ago is when most of them were gotten into. If there is an avenue to review those clauses with regard to opting out clauses or review period clauses, we already committed to look at that and see what we can do to review this process. If these are locked in, we do have a legal obligation that was put in place by former governments. Because of those legal agreements, we have to fulfil those agreements. Again, I commit that we will look at these arrangements and see what our options are, and what alternatives we can look at to review these arrangements and what legal options we have of getting out of them. Thank you.
David Krutko on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 7th, 2006. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
February 7th, 2006
Page 831
See context to find out what was said next.