Thank you, Mr. Speaker. In a similar vein as my colleague Mr. Yakeleya, I have
concerns about the Housing Corporation on how they do view this particular problem and deal with arrears, whether they’re rentals or, certainly, mortgage arrears.
In my Member’s statement today I talked about 76 percent is the collection rate at housing LHOs across the board, that is, to be honest and fair of course, and they need 90 percent in order to break even. Of course, housing arrears under the context of mortgages are at 40 percent. If you add those two stacks of arrears up, that’s about $26 million in arrears.
The Minister just talked about all these avenues to address these types of problems. What is the Minister of the Housing Corporation presenting as an avenue to pay for these types of arrears, and to ensure that people are complying with their arrears and catching up and getting rid of them? What is this Minister actually doing to close a particular file?