Mr. Speaker, I would simply like to relay for the information of the House that one aspect of the CMHC loans has not been mentioned: CMHC guarantees do not always kick in. There is an example in my riding of a condominium which failed to keep up its premises. As a result the directors of that condominium corporation were liable. There are inherent risks not necessarily covered by the insurance.
I compliment the secretary of state for bringing the essence of the debate down to the importance of home ownership. I ask her again to remind the House of the importance of the home to Canadian life.