Mr. Speaker, I have one question for the hon. member in relation to the overall concept of CMHC.
My understanding is that it was felt necessary in the past that we had to develop this corporation to address the needs of Canadians who were incapable of meeting the 25 per cent, et cetera, to realize their own homes.
If we are to put another $50 billion into it, it implies that more Canadians are in need of it. Since the economic situation in the first place did not allow them to buy their homes we created the
program and now we are expanding it. Would it not be better to put the $50 million into the economy so the people can get work, meet the 25 per cent requirement and reduce CMHC instead of increasing it?