That's a multi-part question. I'll do my best within my time.
First, the subsidies that were provided did not cover the full mortgage payment. In the first program, the section 61 program, the only break the co-ops got was an 8% mortgage, which in those days was a break, of course—this was 1973. They received no direct subsidy from the federal government. In some cases there was an overlaying of a provincial subsidy for low-income households but nothing from the federal government.
The second program was called the 2% program. That provided the subsidy, which was the difference between the actual mortgage payment at the market rate of interest and what it would be at 2%. So there was a significant subsidy divided into low-income subsidy and operating subsidy.
In the third program, there was no low-income subsidy from the federal government but an operating subsidy to assist paying the mortgage.
A lot of officials have said this is always the intention. I've gone back through the cabinet documents. I've gone back through every document I can find, every agreement, every section in the National Housing Act, and nothing explicitly says that the way these programs are supposed to work is that they will be on their own and they'll be okay. The answer as to whether they'll be on their own and okay is not, as I said before, even a universal answer. There are co-ops now that are out of their agreements that are continuing to provide reduced housing charges to low-income members. The problem with that is it's not universal. It's not sustainable, necessarily, either, because those are co-ops that have not run into significant reconstruction or redevelopment challenges yet.
An extreme example of where it definitely won't work is—