I think there's a huge opportunity. In Calgary, for example, they are in prime real estate. They are low density, so there's lots of space where you could redevelop. You can extract a lot of financial value out of property and redevelop it and maintain that housing for its social housing purpose. Once it's out of contract, they can sell it and it'll be picked up by developers in any city in Canada. It's great real estate, so it would be picked up in a hurry. We'd lose that capacity in the affordable housing system. We've got a crisis today, and anything we can do to stop digging this hole we're in would be helpful.
On March 26th, 2015. See this statement in context.