Mr. Speaker, there is no doubt we have committed funding over five years of $387 million, or $1.9 billion, which is a significant amount.
The member wishes to use the funds in CMHC. CMHC has insured mortgages. It is there, although a huge amount, to protect against any defaults.
Particularly given the uncertain times in the economy, would the member not agree with me that it is wise to ensure there is a sufficient amount kept in surplus or in assets so the liquidity is there in the event it is necessary? Would the member not agree that it is only prudent to do this and that it would not be wise to take funds out of this account?