Mr. Speaker, as part of its fight against poverty the government is insuring the construction of million dollar condominiums at One Post Road in Toronto. CMHC is also insuring the construction of Thornwood in Toronto. Those units start at $400,000 each.
What is the total amount of taxpayer money being used in projects like these to insure condominiums for the rich? What is the total liability of the Government of Canada if these construction projects fail?