Yes. We're not privy to any of the information, but as I understand it, Canada Mortgage and Housing Corporation is involved in a process with their counterparts at other levels of government to look at what those needs are. The amount of the reserves that have been set aside is very much a function of how much has had to be spent already to fix buildings. For example, in British Columbia, where there has been a major problem with water ingress, a lot of those reserves are gone.
That study will be very important, but I want to be very clear that we don't necessarily agree with the view that there will be enough money for most providers to continue to provide affordable housing. The study is going to show that the $1.7 billion should continue to be provided to ensure that those legacy assets will remain affordable for a future generation of Canadians. Savings alone and reduction in mortgage payments on existing mortgages will not do it. They'll have to refinance to renovate or in some cases completely redevelop the assets.
What we're saying is that you don't need to increase the parliamentary allocation, but don't decrease it either, and start that policy discussion now.