Mr. Speaker, we do agree on that. When the mortgages end and no longer need to be paid and they are operationally sufficient, we can take some of that money and use it for other projects, for some of the 90,000 people that the member opposite talked about who need housing.
I would like to remind the member that our government has invested heavily in housing, providing over $16.5 billion since 2006. This helps low-income families, seniors, people with disabilities, people in aboriginal communities, and other vulnerable groups across the country. Economic action plan 2014 confirmed that we will continue to work with the provincial and territorial levels of government, municipalities, and other stakeholders, to ensure the accessibility and sustainability of housing, including social housing for those who are most in need.
Our government is investing in those Canadians who need it most through our investment in affordable housing. This will provide federal funding of $2 billion from 2011 to 2019. This program alone represents an eight-year funding commitment, and is over and above the ongoing support for existing social housing on and off reserve.
In closing, these investments are producing real results, and our government stands by its record on housing.