Mr. Speaker, I appreciate my colleague's comments. However, they confirm my worst fears, that in fact the current government intends to cut the $1.7 billion it is now spending on affordable housing through the co-op agreements by simply allowing those agreements to expire without any replacement funding whatsoever.
In fact, the government will apparently determine that it will save $1.7 billion, which would then go to provide a more balanced budget, which at the same time, would leave several hundred thousand Canadians without adequate, suitable or affordable housing.
The government suggested, in its opening statement, that it has a commitment to safe, suitable and affordable housing. Yet, when presented with Bill C-400, which would have in fact allowed the government to create a strategy with the provinces and territories to do just that, the government decided to vote against that motion and to kill any idea that the government would be involved in a strategy with the provinces, territories and municipalities.
In conclusion, it appears that the government has not yet answered the question about what will happen to those people whose residences would become unaffordable when these long-term agreements expire.