Thank you, Madam Chair. So as the Minister mentioned, the Housing Corporation has observed an increase in applications. This was driven partially by COVID's impacts and also there on April 1st, 2021, there was some modifications made obviously to our homeownership programs that did result in an increase uptake in this area also.

The Housing Corporation does continue to monitor this closely. It is managing within the existing budget at this time but will certainly look for other funding sources as well, such as the federal government. Thank you, Madam Chair.