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Special Committee on Cooperatives committee  It's a much lesser extent. We don't have a $10 billion balance sheet. But we do provide assistance to different projects. We tend to keep our money within the housing sector. On the issue of promotion, I don't have a silver bullet either, but this year has certainly helped. Havi

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  Could I add a remark to that, Mr. Chair, very quickly?

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  To give you a little perspective, Ms. Gallant, no housing co-ops, for example, are federally incorporated. We're all incorporated under provincial legislation. An enormous number of the cooperative enterprises in the country are incorporated provincially because they don't do ext

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  Again, I would echo those remarks. There is room for all kinds of different models of enterprise. There are the traditional ones we know—small and large businesses. But it has become apparent to me, with the amount of interest in cooperatives around the table here today, together

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  You kind of had me at the first sentence, actually. Yes, absolutely, very much so. We would like to see if we can change the scale of our sector. If you look at some of the non-profit housing providers with multiple portfolios in different places, they're looking at some very d

July 10th, 2012Committee meeting

Nicholas Gazzard

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  I think the 1993 decision was inevitable, good or bad. It was very clear post-1982 that the provinces were going to insist on cooperative housing programs, just like health, as being a provincial jurisdiction. It would be a self-serving and easy thing for me to say that I think y

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  They're still there, as far as I know. That merely lists where we have offices. We have members across the country, including in all the prairie provinces, but we don't have offices.... We have an office in Manitoba. Alberta has its own regional federation. In fact, it has two s

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  I'd have to say yes. I think there will be a tremendous amount for all of us to learn at the Quebec summit. There will be speakers from all over Canada and all around the world on different aspects. I find, doing the international work that I do, that having an international pe

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  Well, I suppose I could have an opinion about the impact of that on the Canadian economy, but the actual impact on our sector would be pretty much nil. As far as the effect on the Canadian economy is concerned, I return to the remark I made toward the end of my presentation, th

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  No, there isn't. There is no generic document. There have been many proposals going out, most notably in Alberta, and there are some equity co-ops there, but those are proposals around specific projects. What we want to do is develop something that builds on the one-pager that I

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  That's a multi-part question. I'll do my best within my time. First, the subsidies that were provided did not cover the full mortgage payment. In the first program, the section 61 program, the only break the co-ops got was an 8% mortgage, which in those days was a break, of cour

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  In the case of co-ops developed under the urban native programs, they absolutely will not work without government help.

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  I was hoping to look before I came in, but I didn't. It came out on January 9, 2012. It details tax expenditures for the prior year. I don't have it.

July 10th, 2012Committee meeting

Nicholas Gazzard

Special Committee on Cooperatives committee  I don't know the exact figure, so I wouldn't want to be quoted on the record here.

July 10th, 2012Committee meeting

Nicholas Gazzard