Thank you, Mr. Speaker. In my Member’s statement earlier today, I mentioned that as a nation we are facing an affordable public housing crises. With only 23 years left in the declining funding model from Ottawa, the NWT is being saddled with decisions on affordability, adequacy, quality in its annual public housing budgets. My questions today are for the Minister responsible for the NWT Housing Corporation.

Recently the Minister was in Ottawa with his Cabinet colleagues discussing the infrastructure needs for Northerners with his federal counterparts. We know that an announcement for $18 million over five years for the extension of the Affordable Housing Agreement followed.

Can the Minister inform the House, what does this extension mean and does this deal with the shortcomings of a declining CMHC funding model? Thank you.