Mr. Speaker, I would like to thank my colleague. I know that he works very hard on the housing issue too.
The Conservative government does not understand that if it fails to renew the agreements, the money is no longer there. Is that what they call a budget cut? I think so, and my colleague seems to think so too. They are cutting social housing.
In Pierrefonds, there is a housing co-op that is home to 700 people, and 40% of the units are subsidized. When their agreement expires next year or the year after, those people will have to pay about $200 more for rent, which they will not be able to do. Many of them could end up on the street.
The government is also reducing funding allocated to the HPS, which helps prevent homelessness, and the organization's mandate will no longer include homelessness prevention. That makes no sense.