The number actually is about $69 billion.
Just to go back a bit, these were mortgages that were already insured by CMHC or the private sector, that were sitting on the balance sheets of financial institutions. When the economic downturn hit, the banks needed a way to access new funds to continue to allow credit to flow. The government, through the insured mortgage purchase program to which you refer, said, “Listen, we've already insured these mortgages that the banks are holding, so why don't we in fact purchase them, as we're already comfortable with the risk, having underwritten them, and provide the lenders in return with that liquidity, that capital?”
So this program was not only run at no additional risk to government, but we actually charged lenders for that. The government made money as a result.