Mr. Speaker, unfortunately the minister still does not get it.
The fact of the matter is it started out being $3.6 billion in 2010 and even by his numbers it is now $2.25 billion. We have lost $1.5 billion from the housing system in Canada from the federal level.
That loss will be absorbed by people like the seniors at Beech Hall who will no longer be able to afford their rents. There has been no indication from the current government at any time that Beech Hall will somehow be able to receive any assistance from the federal government.
The minister has now said that CMHC is giving them time to prepare. They have been prepared for a long time for the end of this agreement, and they have been pleading with the federal government and CMHC to try to provide a continued subsidy because that is the only way these 41 seniors will stop being homeless.