Certainly I think they had a lot of money in reserves, and I think that's put away for a rainy day. I don't think that was the intent of their funds. We're very satisfied with the CMHC's commitment to making housing affordable to the vast majority of Canadians, and right now I don't see that they have a role to play necessarily directly with reducing the costs of construction.
On November 2nd, 2010. See this statement in context.