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Indigenous and Northern Affairs committee Are you talking about the housing funding that's going to the territories?
March 30th, 2010Committee meeting
Sharon Matthews
Indigenous and Northern Affairs committee I've spoken of the $200 million.
March 30th, 2010Committee meeting
Sharon Matthews
Indigenous and Northern Affairs committee Okay. You have the $200 million northern allocation—
March 30th, 2010Committee meeting
Sharon Matthews
Indigenous and Northern Affairs committee I think you're talking about the mortgage insurance side of our business. There is technically what people would refer to as a surplus. It's really important to understand that it isn't truly a surplus, because it actually is in the Government of Canada accounts. That money is s
March 30th, 2010Committee meeting
Sharon Matthews
Indigenous and Northern Affairs committee I'm not sure I understand the question in terms of our mandate. I did speak very much to social housing and affordable housing. CMHC is working with the provinces and the territories, and I know you're focused particularly on the territories. There's a considerable amount of fund
March 30th, 2010Committee meeting
Sharon Matthews
Indigenous and Northern Affairs committee That's something you would have to ask the Department of Finance, I'm afraid. It would not be something that CMHC would be dealing with. In my remarks, I was trying to cover the different funding that had gone to housing.
March 30th, 2010Committee meeting
Sharon Matthews
Indigenous and Northern Affairs committee The $300 million was actually administered through the Department of Finance, not through CMHC. My understanding was that the money was transferred that year and that the different territories had the opportunity to spend it over time. I do believe that most of it has now been sp
March 30th, 2010Committee meeting
Sharon Matthews
Indigenous and Northern Affairs committee Great. Thank you, Mr. Chair and members of the committee. I'm very pleased to be here on behalf of Canada Mortgage and Housing to discuss federal housing programs and activities in the north. As Canada's national housing agency, a core part of CMHC's public policy mandate is to
March 30th, 2010Committee meeting
Sharon Matthews
Human Resources committee I wouldn't have the breakdown for the stimulus at this point in front of me. I can tell you that of the 3,500 projects that are under way--and that combines new construction and retrofit--it's well over 100,000 units that are involved in that. So there's a lot of work there. On
March 15th, 2010Committee meeting
Sharon Matthews
Human Resources committee That's conversion, okay. So homeowner RAP would be the majority of the money under the renovation programs. It's about 44% or 45%. Rentals are about 26% or 27%. Within that rental the conversion would be a component of that. I couldn't tell you off the top what component of the 2
March 15th, 2010Committee meeting
Sharon Matthews
Human Resources committee Under the renovation program, it's all the existing infrastructure, or am I misunderstanding somehow?
March 15th, 2010Committee meeting
Sharon Matthews
Human Resources committee We look at the income thresholds every year. We go through and look at what's the norm in the community. You can appreciate the programs are over-subscribed, so by increasing the income level, frankly, you'd just end up with a larger waiting list. But we do look at those income t
March 15th, 2010Committee meeting
Sharon Matthews
Human Resources committee It depends. It's one of those programs where CMHC will directly deliver if a province or territory has decided not to cost-share. So off the top, in B.C., Alberta, and Ontario, CMHC will directly deliver that. We also directly deliver, by the way, in P.E.I., but the province does
March 15th, 2010Committee meeting
Sharon Matthews
Human Resources committee --and I'll see what would be available in the corporation.
March 15th, 2010Committee meeting
Sharon Matthews
Human Resources committee I'll see what we can have.
March 15th, 2010Committee meeting
Sharon Matthews