Thank you, Madam Chair. Back in 1997 when we entered into the social housing agreement with CMHC, the Housing Corporation inherited ownership basically of all the assets from CMHC, and associated with that was the debt. So there is a component of that debt that we pay each year which is reflected in the main estimates. And in terms of the revenue that we receive from CMHC, that is to support the ongoing O and M operations of the social housing stock. Thank you, Madam Chair.
Mr. Martin on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 28th, 2022. 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
February 28th, 2022
Page 3573
Martin
See context to find out what was said next.