Thank you, MP McLeod.
First of all, in all the conversations I've had, I've said this is a priority. We fully understand the importance of it. We're also realistic as to the limitations of constructing in the territories, where the seasons are short and where, at the best of times, the cost of doing anything is elevated, especially during these difficult times with inflation. We're cognizant of that. Nevertheless, it's a priority.
Across the territories, every premier I have conversations with is working. We're working with them to put forward accelerated housing plans. We're doing this with Inuit rights holders, first nations and Métis communities, and I think there's progress being made. You can see it in your own territory. The last time I was in Yellowknife, you could see the construction going on and the dollars that were in the queue. Because of the short construction season and the supply chain issues, it is difficult for construction to keep up with the dollars that are allocated.
I've talked about my travels. I went on a 10-region tour over 12 days during the summer. I saw two five-unit constructions in Gjoa Haven, which I've mentioned. In Inuvik I saw a 14-unit construction that was almost finished. In Yellowknife, where I've met you many times, there must be dozens and dozens of new constructions under way now.
I can tell you that in Nunavut, we are working with housing corporations and with the government to accelerate the construction of many homes by 2030. The premier has been very creative in his partnerships and his funding. That's reflected in the budget.
Budget 2022 is investing $4 billion to accelerate work in closing indigenous housing gaps, including $2.4 billion for first nations housing, $565 million to support housing in self-governing and modern treaty holder first nations communities, $845 million to support housing in Inuit communities, $190 million for Métis communities and $34 million to four Métis groups in the Northwest Territories.
I can say that progress is being made. It's not fast enough; it's too slow. We acknowledge that. The gaps are as wide as this room, but we're slowly chipping away at them. What we need to do is continue investing for many more years to come, and that is certainly our plan.