Mr. Speaker, the surpluses accumulated by the Canada Mortgage and Housing Corporation now total $3.4 billion and will exceed $7 billion in 2008. I introduced a bill in the House to restrict the assets of the CMHC and transfer its scandalous surpluses to Quebec and the provinces, so that this money can be used to build social housing units.
Does the government intend to support Bill C-363 and give hope to the 1.7 million people who are facing housing problems?