This $636 million would bridge the affordability gap, but it would not bridge the suitable shelter gap. There would still be households that would be in inappropriate housing— too small, too decrepit for their needs, or too decrepit, period. At least they wouldn't pay exorbitant prices, or they wouldn't pay more than they could afford using CMHC's definition of affordability.
On February 16th, 2021. See this statement in context.