Thank you, Mr. Chair. Certainly public housing stock in the territories, as the Minister said, we are funded to preserve up to 1,231 units. Right now we have 2,400 public housing units in our inventory that we are paying for ourselves as a government. To increase the stock on the ground, probably one of the best ways to do it is with the announcement of the $60-million co-investment fund. That is going to allow for private investment to assist us to put more houses on the ground. It is unfortunate that, unless we get more money from the federal government to increase the public housing stock, due to the O and M costs, as the Minister alluded to, we are unable to do it at this time.
We are looking at different ways as part of our strategy. How do we divert public housing and divest in public housing in the regions? We are working hard with our partners. Our direct funding with the Inuvialuit Regional Corporation allows acceleration of delivery in the ISR, where certainly the units are getting repaired faster. We are getting more units on the ground as replacement units and more units demolished over the past year. The Inuvialuit are helping us with a direct flow of money. Getting that extra money, it is incremental money to the system and it allows us to accelerate delivery, but we are looking forward to private investors to come to the plate. When we do the Northern Housing Summit up in Inuvik in April, we are looking to get the information out to private investors on how they could be part of the housing solution in the NWT. Thank you, Mr. Chair.