Mr. Chairman, I would dispute that on the basis

that CMHC is contributing almost the

full amount of what our typical payment is. If I understand it correctly, our CMHC funding runs out the same time as our debt is paid off. There’s a miraculous conversion on how that works. I’m just curious, because it’s a debt that we’ve been burdened to carry because of the federal government, and yet they’re paying it. I’m just not sure why we need it reflected in this manner.

I would encourage the Minister to step up to get some of this debt carried off our books. I think it’s impeding the territorial government’s ability to do its job.

We often talk about the debt while we talk about a reflection of the challenges we have because it’s been loaded down by burdens that aren’t necessarily our own. I would encourage the Minister to step up that discussion and, when information becomes available, inform us as to where that discussion goes with Finance, as well as potentially Finance Canada if there needs to be an exemption from that.