Mr. Speaker, negotiations, which began in 1997, are under way. We know that whenever we ask for something in Quebec, it generally takes ten years to get it, and sometimes longer. In this case, it will likely be more than 10 years.
We are talking about the transfer of the administration of social housing to the province, with full financial compensation. All co-op groups and non-profit organizations are demanding this transfer. And because it has not been done, there are consequences.
There has been no transfer, but at the same time, the Canada Mortgage and Housing Corporation directs municipalities not to subsidize housing cooperatives because it says they already benefit from its subsidies. I will be very brief on this topic.
Thus, the social housing stock should be transferred with full financial compensation. One day, it will be interesting to see provinces take back all their responsibilities. But that day has yet to come. We think that the Canada Mortgage and Housing Corporation can continue to operate, but on a smaller budget. It cannot continue piling up immoral surpluses without any action for housing. This is the goal of the bill.