The $5 billion I was referencing was only in regard to an expansion of the rapid housing initiative that was just announced in September. We believe and think that there can be considerably more—although a great amount of that could be in the form of loans rather than strictly grants.
As I said in my opening statement, housing is health care. Housing is, as reflected by Parliament in 2019, a human right. Therefore, ensuring that every Canadian has housing that is affordable and meets their needs, which is the goal of CMHC to enact by 2030, absolutely has to be a priority.
With respect to indigenous housing, your colleagues at the House of Commons committee on human resources are currently undertaking a study on this very issue of urban, rural and northern indigenous housing. We really hope that this committee will review their report once it's completed and that the report will feed into your recommendations and ultimately into the budget, because, absolutely, as I said, an urban, rural and northern indigenous housing strategy in particular was the massive missing piece in the national housing strategy.
We hope that both of your committees will intersect and that we will ultimately get a strategy that has proper amounts of funding for supports, for capital, and it is also governed and overseen by indigenous people themselves, because that's really key—not just for housing but for reconciliation as well.