Yes, thank you very much.
Mr. Schmale, I'd be very curious to hear where you're getting your numbers from.
Our understanding, based on the work we've done for housing through Indigenous Services Canada, is that we're looking at significant distinctions-based investments in housing since budget 2022, and for infrastructure since budget 2021. Those investments have made a difference. We're looking at over 7,000 projects completed and 8,000 new units. This is having a significant impact in first nations communities.
What we're facing right now is a funding cliff. This funding is about to expire. We're moving from about $700 million in targeted funding to almost no targeted funding within the next couple of years for housing, leaving us with about $166 million a year in core funding that could be used for first nations. That's less than $250,000 per first nation.