Mr. Speaker, housing agreements have been coming to an end over the last many years and will continue to come to an end over the next 20 years because the mortgages are paid off.
What we have done, though, in order to help these housing units is extend our investment in affordable housing with the provinces. They are free, once these agreements come to an end, to continue support.
We have also created some flexibilities for co-ops.
Nicholas Gazzard, of the Co-Operative Housing Federation, said of our flexibilities:
This additional flexibility allows co-ops to use federal funds to provide rent-geared-to-income assistance for vulnerable low-income households, even after their funding agreements have expired.