Thank you, Madam Chair. I am familiar with this, as well, because it's come up quite often in looking at the insurances within the smaller communities. I do understand. Land tenure is also an issue, as well, because you need the land in order to insure your home. I see the barriers like that. Right now, the Housing Corporation is in conversation with CIBC. The conversation is not anything that is going to be committed, but it's a conversation that is happening. Also, looking at the insurances is that what can we provide that's affordable and available to the people of the Northwest Territories. Looking at the insurances, I am very interested in securing our Northwest Territories Housing Corporation units. If it is our personal units going forward, I'm interested in making sure that we have security on them. Whether we have engaged a mortgage with a client to making sure that if the house were to burn down or something were to happen, if this were to happen five times throughout the territory, we don't have $500,000, $800,000 times ten to be rebuilding these structures. We're just trying to look for initiatives going forward that would best secure the people of the Northwest Territories that have the programming with the Housing Corporation or public housing as well. I hope that answers your question. Thank you, Madam Chair.
Paulie Chinna on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 12th, 2020. See this statement in context.
Consideration In Committee Of The Whole Of Bills And Other Matters
Consideration In Committee Of The Whole Of Bills And Other Matters
March 12th, 2020
Page 670
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