Human Resources committee  They're cost-effective, they spread the load, and they develop solid corporate citizens. On your other points--I'll just answer very briefly, because Geoff probably has something to say--I completely agree that while I think we do need more permanent affordable housing here, in

Human Resources committee  There are two kinds of co-ops. There are co-ops where there are dividends and profits earned and returned to the members, and co-ops where there are not. Housing co-ops in Canada are not-for-profit co-ops. So although the members collectively own and are responsible for the asset

Human Resources committee  The cooperative corporation owns it, and they make up the cooperative corporation. I agree that there seems to be a bit of a.... You talked about a cryptic answer: I'm giving you one.

Human Resources committee  Yes.

Human Resources committee  That has to do with the funding formulas that are provided. In the largest co-op program, the section 95 program, which delivered 40,000 units, its subsidy declines over time as interest rates have declined.

Human Resources committee  Can I add something to that, Mr. Chairman? Yes, absolutely, there's a jurisdictional issue here, but there's something called the federal spending power as well, and you're using that. You're using the federal spending power in many areas. Health is big, as is education and, of

Human Resources committee  Thank you for the reference to Ms. Bidgood. I'm sure she'll be very pleased to see her name in the record. If you look back over the history of government involvement in affordable housing in Canada—and this goes way back to the post-war period, back when there were significantl

Human Resources committee  Thank you very much, Mr. Chairman. I'll say right away that CHF Canada is not a poverty specialist organization, although I think we can agree that there are multiple causes of poverty in Canada. We set some of those out in the brief we're presenting here today. I'm really here