Thank you, Ms. Leblanc.
I'd like to talk about a specific example.
The affordable housing fund is a $15-billion fund. That fund has no criteria for 70% of the units. The 30% of units that do have criteria are pegged to 80% of market rent. It doesn't actually use the affordable housing definition of CMHC.
Mrs. Volk, I recognize you're coming into this role, and it's been only about six months or so. However, is this something you intend to at least look at, in order to better understand it?
Canadians have a sense that a fund called the “affordable housing fund”—I think we can all agree—should be funding what CMHC recognizes as affordable housing.