Thank you, Madam Chair.
Thank you, ladies and gentlemen, for your presentations.
My first question—and I hope to have enough time to ask a second—is mostly for Ms. Matthews. You mentioned 3,500 projects in terms of social housing. What I am especially happy to hear is that you focused somewhat on First Nations communities across the country, in all regions of Canada.
But what I do not understand is this: you say that you have spent the money and you plan to continue, yet Budget 2010 confirmed that departmental operating budgets would not increase. They will actually be frozen until 2012-2013. I do not understand how you are going to continue spending, how you will strike a balance with planned expenditures given the freeze announced in the budget. The treasury minister has already told us that he plans to make more cuts, especially with respect to the Canada Mortgage and Housing Corporation.
Can you tell us how you are going to keep housing construction and conversion at their current level, despite the bad news in Budget 2010?