Mr. Speaker, is the hon. member aware that approximately one-third of the housing stock in the country has been built with the assistance of National Housing Act insured financing? In other words, without this kind of financing, one-third of the houses with all the benefits and all the spinoff effects they had for the economy would not have been built.
Is the member for Comox-Alberni aware that 3,944 of his constituents have purchased homes using funds insured by CMHC since 1992? Is he aware that 917 of his constituents have purchased homes taking advantage of CMHC's first home loan insurance program since 1992?