Mr. Speaker, I outlined prudent practices: we could very well limit both equity and the surplus in the reserve fund by decreasing the reserve fund and the equity. The CMHC would not be at risk in terms of its ability to offer mortgage rates because the mortgages bring in a lot of money for the CMHC over time.
I know there is some risk in providing loans. The banks do it and so does the CMHC, but this would nonetheless give them quite a lot of flexibility. I did not say that CMHC should not make a profit. I talked about a 5% decrease in its equity and a 10% decrease in its reserve fund.
I think the hon. member should review the figures of the surplus the CMHC brings in and agree that the CMHC has enough money to survive.