Status of Women committee  No, our work is in urban areas only. We have resources across the country to work with those groups. We also have small programs to help youth and to offer start-up funding to launch their initiatives.

Status of Women committee  It was a Department of Finance—

Status of Women committee  We work with folks along the continuum, whether that's in a shelter, whether that's for affordable housing, or whether that's somebody trying to enter home ownership. We underwrite a project. As I said before, we don't want to put somebody in a home that they are eventually going to lose.

Status of Women committee  So, maybe you would...?

Status of Women committee  I would say that the new stress tests are making sure that CMHC is there in good times and bad times, and that the stress tests that we're doing are prudent tests at this point in time.

Status of Women committee  Not being a market analyst, I can't give you the statistics. But I do know that there is a balance between ownership and supply of apartments, and we support the full spectrum of availability. What we want to do is make sure as we're working with folks that they are able to afford the housing they are entering.

Status of Women committee  There are a number of programs. We have staff out on the ground across the country, who are working with proponents, including those who are building shelters or transition housing. The idea is to ensure that the services are available for those who are in the housing and in the structure business.

Status of Women committee  Specifically with regard to building more seniors' housing, there's a target of 7,000 units. In the national housing strategy, affordable housing and sustaining affordable housing.... For example, continuing the subsidy that was due to end will ensure that 330,000 units continue to be affordable.

Status of Women committee  Thank you, Madam Chair. It's a pleasure to appear before the committee today on behalf of the Canada Mortgage and Housing Corporation, or CMHC. CMHC's mission is to help Canadians meet their housing needs. We do this through our mortgage loan insurance activities, market analysis and research, and by supporting and delivering affordable housing programs.