I have a bit of a concern about the motion as presented. It asks for detailed listings of all the applications, including the addresses and the price points that have been quoted as part of the application process.
This would put in jeopardy every single one of the applications, as they are all now currently on hold, waiting for the new dollars to arrive. If we simply produce the list of 700 assets across this country, with price points, and disclose that information, as well as the municipal address, we would be effectively putting out a shopping list to competitive bids that would undermine the integrity of the program, and also would put every one of these projects at risk of not being realized in real time.
The reason the property information is redacted is to protect the proprietary interests of both the vendor and the seller. The way this motion has been drafted is incredibly irresponsible and, as I said, would violate the trust that many of the applicants and many of the vendors have invested into this process. As I said, it would put in jeopardy our even being able to hopefully recognize some of these projects as being viable.
Therefore, I would ask that the committee defeat this motion.
I think what the member is looking for is a list of applicants, not the details of the financial information. If Mr. Vis could redraft the motion, I think we could find a way to support it, but as it's currently drafted, it would blow this whole process right out of the water and destroy the opportunities for housing providers from coast to coast to coast to realize these projects.