Mr. Speaker, I am pleased to table a petition today that was circulated by residents of the many housing co-ops in my riding of Hamilton Mountain.
As the House can imagine, these residents are incensed about the financial crisis caused in many co-ops by the cuts to subsidies as a result of a flawed section 95 program.
They are keenly aware of the fact that over two million Canadians are still in desperate need of decent, affordable housing and are petitioning the House to first, repay all law subsidies to section 95 housing co-ops; second, to provide new assistance so these co-ops can help low income residents thereby making up to 10,000 co-op homes affordable again for people in need; third, to build 200,000 affordable and co-op housing units, renovate 100,000 existing units and provide rent supplements to 40,000 low income tenants; and fourth, to extend the supporting communities partnership initiative, known as SCPI, that funds successful homelessness prevention programs.
I am pleased to support their efforts both here in the House of Commons and in our community, and I full endorse their petition.