Mr. Speaker, yesterday afternoon the Minister of Public Works and Government Services told this House that the $235 appraisal fee imposed on anyone securing a loan with the Canada Mortgage and Housing Corporation was an average cost, so to speak, and that, if CMHC were to appraise every property individually, the cost would be much higher.
Since an appraisal is done on only one out of every twenty properties in Quebec, where is the truth in the minister's remarks: each appraisal costs $4,700 on average or the CMHC is filling its pockets at the expense of borrowers?