Thank you, Madam Chair. I do appreciate that breakdown, and I guess it wouldn't be fair for us when referring to the cap to include market because, if we can build more market housing and then it pays for itself or even makes us money, then that's great. I guess my question is: I'm not satisfied with our current mandate commitment which says we'll build 100 units if we can convince 100 people to get units. In many of the communities, a house is not an investment; it's a depreciating asset, and we're just passing on something that will never increase in value to a person. I question whether that's ethical or something we even want to do in nonmarket communities. The heart of this matter is Nunavut's building hundreds of new units. They've managed to get money out of CMHC; they managed to surpass their cap, so will the Minister of housing meet with the appropriate Minister in Ottawa and try to get us above this 2,400-unit cap?
Rylund Johnson on Consideration Of Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 11th, 2020. See this statement in context.
Consideration Of Committee Of The Whole Of Bills And Other Matters
Consideration Of Committee Of The Whole Of Bills And Other Matters
March 11th, 2020
Page 625
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