I guess this is going to be the big challenge for the government. If we don't deal with this right now, then we'll have a bunch of failed assets around the country. We've all been on the smaller roads and seen old hotels boarded up and left in a state of disrepair, which is not good for renewed tourism, and it is not good on a municipal tax basis.
This has a bigger snowball effect that will even be compounded, so I can see the sense in the federal government backstopping the loans. If not, then we would have to come up with some type of alternative, maybe a housing-type strategy, using the units for a different social purpose, or we are going to actually have them become decrepit and run into the ground.
Sorry, but I'm out of time.
Thank you, Madam Chair.