Thank you, Madam Chair. The new home program, we've had that in development. We were to roll it out earlier in the year, but COVID hit us for a little bit of a delay. What has happened, though, is we're trying to get back into building houses in rural and remote communities. There's been a lot of interest over the years for the Housing Corporation to do that from a past program from the mid-1980's to the late 1990's that is quite successful, and a majority of those homes are still in existence today. The problem we've run into is -- it could be related to COVID or just the changing times -- is the cost to construction has just gone through the roof for us, whereas I think I reported it to you last time I was here that for a modest, four-bedroom home that we wanted to have a big family in is well into exceeding $1 million when you add up all the costs from shipping to labour, all the components.
Right now, it's on our drawing board to see what we can do to address that, and that includes talking to the contractors, all the suppliers, and many of you would know that they're hitting hard times, too, in finding supplies and their own subcontractors, too. Our hope is that we will still be able to get some of these built in some of these communities. It's a good design. It's a good concept that would hopefully move people out of public housing into these units, complete with a suite for seniors and/or a disabled person that might free up a space in a senior's unit in that community, as well, and alleviating pressures on our waiting lists. Thank you, Madam Chair.